Three-unit, mixed-use, corner, 2 car garage, brick property for sale. There are 4 levels to this property with approximately 4,400sf sf (approximately 1,100sf each level, which includes unfinished basement). The property is 20ft x 55ft and is situated on a 20ft x 90ft lot and zoned R6, with available additional air rights of approximately 1,200sf. The building features two free market residential units with long-term tenants and one commercial unit on ground floor (which will be delivered vacant). The property is in Bushwick, few blocks to public transportation and Wyckoff Avenue shopping corridor. Great for owner user or investor, needs TLC. Currently, actual CAP rate is just over 5.25% and "projected" Cap Rate for this property is 7% to 9%, based on full asking price.

Building type: Semi-Detached

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260 St Nicholas Ave, Brooklyn, NY 11237

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