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$ 1,350,000
Est. payment | /mo
1,498 Sqft Lot
$ 1,350,000
Est. payment | /mo
1,498 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 986929
Rental Info No
Year Built 1935
Annual Tax Amount $2,243
Lot Size 1,498 Sqft
Acres 0.0344
Property Sub-Type Mixed Use
Source onekey2
Property Description
Live. Work. Earn. Repeat. This is the kind of opportunity that rarely hits the market—a high-income producing mixed-use property designed for both savvy investors and ambitious business owners ready to control their future.
This fully electric building features two residential units plus a prime storefront, creating multiple income streams under one roof. The front unit offers a duplex layout with a finished basement, making it the perfect live/work setup—run your business downstairs while enjoying private living space above or below. The rear of the first floor includes a spacious one-bedroom, and the top floor delivers a high-demand four-bedroom unit.
The numbers speak for themselves:
$5,000/month (storefront potential)
$4,000/month (4-bedroom unit)
$2,800/month (1-bedroom unit)
That's over $140,000/year in projected gross income—with extremely low expenses.
Even better? The property is 100% electric, meaning tenants pay their own heat, hot water, and electricity, dramatically reducing landlord overhead and boosting your net returns.
With property taxes at just ~$2,243/year (virtually unheard of for mixed-use in Brooklyn), plus minimal operating expenses, this asset delivers an estimated 9.7% cap rate at a $1.35M purchase price.
There's more—additional upside exists with a separate basement section ready to be monetized for storage or coin-operated laundry, adding even more cash flow.
Now here's where it gets exciting…
This property may qualify for FHA financing for owner-occupants, meaning a qualified buyer can potentially purchase with as little as 3.5% down.
If you're a business owner, this is your chance to:
? Own your storefront instead of renting
? Live in the property
? Collect rental income from the other units to offset your mortgage
It's not just a purchase—it's a wealth-building machine.
Located in a rapidly growing Brooklyn corridor with strong foot traffic, accessibility, and ongoing development, this is a rare chance to secure a cash-flowing asset with built-in lifestyle flexibility.
Whether you're an investor chasing yield or an entrepreneur ready to own your space—this deal checks every box.
This fully electric building features two residential units plus a prime storefront, creating multiple income streams under one roof. The front unit offers a duplex layout with a finished basement, making it the perfect live/work setup—run your business downstairs while enjoying private living space above or below. The rear of the first floor includes a spacious one-bedroom, and the top floor delivers a high-demand four-bedroom unit.
The numbers speak for themselves:
$5,000/month (storefront potential)
$4,000/month (4-bedroom unit)
$2,800/month (1-bedroom unit)
That's over $140,000/year in projected gross income—with extremely low expenses.
Even better? The property is 100% electric, meaning tenants pay their own heat, hot water, and electricity, dramatically reducing landlord overhead and boosting your net returns.
With property taxes at just ~$2,243/year (virtually unheard of for mixed-use in Brooklyn), plus minimal operating expenses, this asset delivers an estimated 9.7% cap rate at a $1.35M purchase price.
There's more—additional upside exists with a separate basement section ready to be monetized for storage or coin-operated laundry, adding even more cash flow.
Now here's where it gets exciting…
This property may qualify for FHA financing for owner-occupants, meaning a qualified buyer can potentially purchase with as little as 3.5% down.
If you're a business owner, this is your chance to:
? Own your storefront instead of renting
? Live in the property
? Collect rental income from the other units to offset your mortgage
It's not just a purchase—it's a wealth-building machine.
Located in a rapidly growing Brooklyn corridor with strong foot traffic, accessibility, and ongoing development, this is a rare chance to secure a cash-flowing asset with built-in lifestyle flexibility.
Whether you're an investor chasing yield or an entrepreneur ready to own your space—this deal checks every box.
Location
State NY
County Kings (brooklyn)
Rooms
Basement Finished
Interior
Heating Electric
Cooling Ductless, Wall/Window Unit(s)
Fireplace No
Exterior
Utilities Available Electricity Available, Electricity Connected
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None
Listed by Instahomes Realty LLC • Carlos A. Gaviria
Nearby Locations
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Armando Pina
International Realtor & CEO of The Pina Group | License ID: 2191407