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Boro-Park

3933 New Utrecht Ave, Brooklyn, NY 11219

This well-maintained building, located at the prominent corner of 40th Street, features a versatile layout that includes two retail spaces and three residential apartments. Spread across an irregularly shaped lot of 2,229 square feet, the property is zoned R6, allowing for a variety of uses and development opportunities. The renovated store, encompassing approximately 1,500 square feet, is ideally suited for a range of businesses, making it a prime location for entrepreneurs. With a current gross income of $33,120 per year and the potential for a rental income of $75,000 to $80,000, this property presents a compelling investment opportunity. The absence of existing leases offers flexibility for new owners to customize tenant arrangements. Located conveniently near public transportation, this building is positioned to attract both foot traffic and residential interest in the vibrant Boro-Park neighborhood. With low taxes enhancing its investment appeal, this property is a noteworthy option for both investors and business owners alike.

Total Units: 2

For Sale: 0

For Rent: 0

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Boro-Park

3933 New Utrecht Ave, Brooklyn, NY 11219

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2 listings at 3933 New Utrecht Ave, Brooklyn, NY 11219

Boro-Park

3933 New Utrecht Ave, Brooklyn, NY 11219

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