234 92 St BROWNSVILLE, NY 11212
- Mixed-use properties
- 2,500 SF
Current Use by Public Records
- Mixed-use properties
Property Details for 234 92 St
- Property size
- 2,500 SF
- Property type
- Mixed-use properties
Description
This exceptional mixed-use property, located at 234 E. 92ND ST., Brownsville, NY 11212, presents a lucrative investment opportunity. The completely renovated 2,500 square foot building boasts three distinct rental units: a one-bedroom, a two-bedroom, and a three-bedroom apartment. Each unit features brand new kitchens and bathrooms, updated electrical and plumbing systems, and individual heating and cooling units. The property also includes a fully finished walkout basement with ample headroom, accessible from both the backyard and hallway. Recent upgrades include a new roof, a new garage door, and new flooring throughout. A significant advantage is the presence of paid-off solar panels, contributing to energy efficiency and cost savings. The building generates a substantial annual rental income of $90,000, with individual unit rents at $1700, $2300, and $3500 respectively. Tenants are responsible for all utilities. This prime location, adjacent to Crown Heights/East Flatbush, offers excellent potential for strong rental demand and future appreciation. The asking price for this turnkey investment property is $1,388,888. This is a rare opportunity to acquire a meticulously maintained, high-yielding property in a rapidly developing area.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- BROWNSVILLE
- County
- 36047
- State
- New York
- Longitude
- -73.9253
- Latitude
- 40.6596
