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Listing Courtesy of Corcoran Group
$ 1,150,000
Est. payment | /mo
4 Beds
3 Baths
2,400 SqFt
$ 1,150,000
Est. payment | /mo
4 Beds
3 Baths
2,400 SqFt
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $479
Subdivision Weeksville
MLS Listing ID RLS20037236
Bedrooms 4
Full Baths 3
HOA Y/N No
Year Built 1901
Annual Tax Amount $3,936
Property Sub-Type Mixed Use
Property Description
Unique, Prime, Mixed-Use Property, with a fully renovated store on the first floor and two floor-through 800 square-foot, two-bedroom apartments on the second and third-floors! Perfect opportunity for anyone starting their own business or seeking income producing properties with very little overhead. The first-floor commercial space is currently set up as a hair salon, which is fully renovated. It features its own central HVAC System and spans the entire 800 square-foot first floor, the 800 square foot back yard, and the 800 square foot cellar. The second-and third floor apartments are renovated. This property has a Cap rate of 5.61%. The owner has not increased the rents in several years and the entire building will be delivered vacant. Each apartment has separate gas-boiler and, therefore, everyone pays their utilities separately. The unused FAR according to Property Shark is 688 square feet. Retreat from hectic city life in a newly renovated historically significant urban oasis, Lincoln Terrace/Arthur S. Somers Park, only two short blocks away. Enjoy two large playgrounds, a variety of specialty courts, including baseball, tennis, racket ball and cricket or pack a picnic and escape with a book under a mature tree. Conveniently located near the Brooklyn Public Library, Blink Fitness, major groceries, shops, restaurants and cafes. 248 Rochester Avenue is an easy commute to Manhattan via the 3, 4, A and C subway lines just minutes away.
Location
State NY
County Kings
Rooms
Basement Other
Interior
Interior Features Smoke Free
Fireplace No
Appliance Washer Dryer Allowed
Laundry Washer Hookup, In Unit
Exterior
Exterior Feature Private Outdoor Space Over 60 Sqft
View Y/N No
View Other
Porch None
Private Pool No
Building
Dwelling Type Mixed Use
Story 3
New Construction No
Others
Ownership None
Monthly Total Fees $328
Special Listing Condition Standard
Pets Allowed Building Yes, No
RLS Data display by WJFNY