1910 Eastern Pkwy Brooklyn, NY 11233
- Mixed-use properties
- 960 SF
Current Use by Public Records
- SHONY Remodeling & Design / Interior Designer / Remodeler
- Reliable Tax & Bus Solutions / Tax Preparation Service
Property Details for 1910 Eastern Pkwy
- Property size
- 960 SF
- Property type
- Mixed-use properties
Description
This exceptional mixed-use property at 1910 Eastern Parkway, Brooklyn, NY 11233 presents a compelling investment opportunity. The 960 square foot building sits on a 960 square foot lot and is offered at $1,250,000 with a remarkable 50% cap rate. The property features two residential units, each boasting two bedrooms, updated kitchens, and ample living space. These units are ideal for rental income generation. The ground floor offers a versatile commercial space, perfect for a variety of businesses, benefiting from high visibility and foot traffic on Eastern Parkway. The property's strategic location provides easy access to public transportation and local amenities. Recent updates ensure the building is well-maintained and ready for immediate occupancy. This property is an excellent choice for investors seeking strong returns and entrepreneurs looking to establish a business in a vibrant Brooklyn neighborhood. The combination of residential and commercial space offers a unique blend of income potential and operational flexibility. Don't miss this chance to acquire a well-positioned, high-yield asset in a thriving area.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- 36047
- State
- New York
- Longitude
- -73.9077
- Latitude
- 40.6776
