7401 18th Avenue, Brooklyn, New York 11204
- $2,999,000
- 5,100
- SqFt
- List Price
- $2,999,000
- Status
- ACTIVE
- MLS#
- 504379
- Sq. Ft
- 5,100
- Year Built
- 1931
Property Description
Rare-find corner mixed-use property located in prime Bensonhurst! This property features 2 stores on the ground floor plus 4 three-bedroom apartments on the top 2 floors. The ground floor consists of a mini market in the front and a clothing store in the rear. Separate side entrance leads to the 4 residential units, with 2 three-bedroom apartments on each floor. Potential annual income of approximately $230,000 with a projected CAP rate around 6%. Building size 20x95 ft sitting on a 20x97 ft lot. Great investment opportunity with multiple income streams, or perfect for an owner-user looking to start their own business and take advantage of this high-visibility corner location.
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Additional Information
- Lot Size
- 1,935
- Stories
- 3
- Parking Description
- None
- Heat Source
- Gas
- Year Built
- 1931
- Zoning
- R5
- Sale Type
- Arm's Length
- Bank Financing
- 1031 Exchange, Bank Mortgage, Cash
- Building Type
- Semi-Detached
- Year Built
- 1931
- Basement
- Full, Separate Entrance
- Lot Dimensions
- 96 x 20
- Building Dimensions
- 95.00 x 20.00
- Estimated Yearly Tax Amount
- $39,059
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Listing courtesy of RE/MAX Edge.