531 Kosciuszko St Brooklyn, NY 11221

This mixed-use property in Stuyvesant Heights, Brooklyn, presents an investment opportunity. The corner lot measures 20 feet by 100 feet, totaling 2,000 square feet. The property comprises one retail unit of 1,300 square feet, three residential units with a total living space of 2,600 square feet, and three garages totaling 700 square feet. The residential unit on the third floor is currently occupied, along with all three garages, each paying $400 per month. The remaining units will be delivered vacant. The projected monthly income is $12,750, including $4,250 from retail, $2,000 from Unit 2F, $2,000 from Unit 2R, $3,250 from Unit 3F, and $400 from each of the three garages. The projected yearly income is $152,400, with total expenses estimated at $47,409, resulting in a projected net operating income of $104,991. Expenses include real estate taxes of $17,109, insurance of $10,000, common area electric of $1,200, heat/hot water of $8,000, water/sewer of $3,500, super of $3,600, and miscellaneous repairs/maintenance of $4,000. The property is sold in "as-is, where-is" condition, subject to existing tenancies.