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$ 1,750,000
Est. payment /mo
New
3324 Tilden AVE Brooklyn, NY 11203
3,000 SqFt
UPDATED:
Key Details
Property Type Other Rentals
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $583
MLS Listing ID 496696
Year Built 1931
Annual Tax Amount $8,158
Property Sub-Type Mixed Use
Property Description
Excellent opportunity for investors to own a semi-attached corner mixed-use property located in the East Flatbush section of Brooklyn. The building is in good condition and fully occupied, offering a stable and high-income investment.
Property features include:
• One commercial store on the ground floor
• Five residential apartments (all rented)
• Garage in the rear for additional income
The property produces a gross annual income of $162,288 with gross expenses of $19,898, offering a net income of approximately $142,390.
This results in a strong cap rate, making it an attractive investment for buyers seeking steady cash flow and long-term value growth.
Located on a visible corner with excellent foot and vehicle traffic, close to public transportation, schools, and shopping.
Property features include:
• One commercial store on the ground floor
• Five residential apartments (all rented)
• Garage in the rear for additional income
The property produces a gross annual income of $162,288 with gross expenses of $19,898, offering a net income of approximately $142,390.
This results in a strong cap rate, making it an attractive investment for buyers seeking steady cash flow and long-term value growth.
Located on a visible corner with excellent foot and vehicle traffic, close to public transportation, schools, and shopping.
Location
State NY
County Kings (brooklyn)
Area East Flatbush
Zoning R4
Rooms
Basement Full
Interior
Interior Features Window Display
Hot Water Gas
Heating Gas
Flooring Hardwood, Tile
Heat Source Gas
Exterior
Exterior Feature Stucco
Roof Type Flat
Building
Story 3
Foundation Poured Concrete
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
Listed by RE/MAX Edge
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