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$ 2,800,000
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Active
1728 Mermaid AVE Brooklyn, NY 11224
6,560 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,560 sqft
Price per Sqft $426
MLS Listing ID 2504150
Year Built 1930
Annual Tax Amount $16,780
Lot Size 2,000 Sqft
Acres 0.05
Lot Dimensions 20x100
Property Sub-Type Commercial
Source Staten Island Multiple Listing Service
Property Description
Mixed-Use Asset
The Property Features 6 Residential Apartments and 4 Ground-Floor Commercial Spaces, Offering Stable in Place Income Across both Asset Classes. Out of the 4 Commercial Spaces 2 are Currently Vacant. The Commercial Tenants provide an Additional Diversification to the Income Stream.
Out of the 6 Residential Units all 6 Units are Rented. (Each Unit 2 Bed/1 Bath). Allowing for Long-Term Income Stability along with Potential Rent Growth as Units Naturally Turn over. A Must See!
The Property Features 6 Residential Apartments and 4 Ground-Floor Commercial Spaces, Offering Stable in Place Income Across both Asset Classes. Out of the 4 Commercial Spaces 2 are Currently Vacant. The Commercial Tenants provide an Additional Diversification to the Income Stream.
Out of the 6 Residential Units all 6 Units are Rented. (Each Unit 2 Bed/1 Bath). Allowing for Long-Term Income Stability along with Potential Rent Growth as Units Naturally Turn over. A Must See!
Location
State NY
County Kings
Area Coney Island
Zoning R7-A
Interior
Heating Steam, Natural Gas
Cooling Units
Building
Story 4
Sewer City
Level or Stories 4
Structure Type Brick
New Construction No
Others
Tax ID 07061-0001
Listed ByGet Listed ! Get Sold ! NYC
