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East Flatbush

1776 Flatbush Ave, Brooklyn, NY 11210

Introducing a prime mixed-use brick building located in the vibrant East Flatbush neighborhood of Brooklyn. This well-maintained property features two spacious three-bedroom apartments and a commercial unit currently operating as a hair salon, making it a versatile investment opportunity. The building is fully leased, generating a robust annual gross income of $84,000, with a net income of $66,466, reflecting its strong financial performance. Positioned conveniently at a major transportation and shopping hub, residents and tenants alike benefit from excellent accessibility and a wide array of local amenities. The property's potential for increased rental income from the residential units adds to its appeal, especially given the current leases are below market value. Additionally, there is an opportunity to acquire a neighboring property, 1774 Flatbush Avenue, enhancing the investment potential for savvy buyers looking to expand their portfolios. This exceptional building represents a unique opportunity in a flourishing neighborhood that is sure to attract interest.

Total Units: 1

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East Flatbush

1776 Flatbush Ave, Brooklyn, NY 11210

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