Dyker Heights Real Estate

774 48th Street, Sunset Park, NY 11220

[Sunset Park Real Estate, listing number 3341369]



Description: 3341369
   Fully renovated mixed-use building with strong cash flow and minimal owner expenses! Ground floor & basement leased to a large restaurant with multiple private dining rooms. Restaurant rent: $15,000/month Tenant pays all water bills and 50% of property taxes. Two residential apartments on the 2nd floor, each renting for $3,000/month, Approximately $250,000 annual rental income 3% annual rent increases built into the lease Owner only pays 50% of property taxes and insurance A rare investment opportunity offering stable income, low management, and long-term growth potential. DonĂ¢??t miss this exceptional Brooklyn investment property!

Details:
   Families: 2
   Property Type: Mixed Use

Financials:
   Price: $3,680,000

 

RE/MAX Edge
Qikang Mei
Office: (718)612-3088

email: leomei2222@hotmail.com
provided by Brooklyn Bd of Realtors