Located in the heart of Old Mill Basin, this prime mixed-use building showcases a strategic position with a bus stop directly in front, ensuring high visibility and accessibility

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Old Mill Basin

4712 Avenue N, Brooklyn, NY 11234

Located in the heart of Old Mill Basin, this prime mixed-use building showcases a strategic position with a bus stop directly in front, ensuring high visibility and accessibility. The area experiences consistent foot and vehicle traffic, making it an excellent spot for both commercial and residential purposes. The building features a well-established retail space currently leased, with a favorable rental agreement that includes annual increases. On the second floor, a spacious apartment provides comfortable living with modern amenities. Each unit has tenants responsible for their own utilities, promoting a straightforward management approach. With a solid cap rate and a lengthy lease in place, this property presents a remarkable investment opportunity. The combination of prime location and current occupancy creates a compelling proposition for both seasoned investors and newcomers alike.

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Old Mill Basin

4712 Avenue N, Brooklyn, NY 11234

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