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6806 18th Ave, Brooklyn, NY 11204

Listed Price: $1,600,000
Sold Price: $1,500,000
4,300 Sq Ft · Mixed Use

Capitalize on this Single Family / Mixed Use property that is centrally located in the heart of busy 18th Avenue. This building consists of a 3 Bedroom, 1 Bathroom apartment on the second floor that spans approximately 1,700 Sq.Ft., with a backyard roof top patio, which could be potentially be rented out for $2,100 monthly. The 1st floor retail space is currently vacant and mirrors the same square footage of the apartment above at 1,700 Sq.Ft. consisting of access to the basement, which is an additional 900 Sq.Ft. In total, 2,600 Sq.Ft. of retail space, which could be potentially rented out from $5,000 - $6,000 monthly. Rent Roll (ideally) is potentially $97,200 Annually Gross, $82,400 NOI, 3.7% Cap. Rate. This would make a nice addition to your real estate investor portfolio.

Building type: Attached
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All listings are subject to errors, omissions, price change, withdrawal and sale without notice.
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