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Brighton Beach, #1R

Townhouse in Brighton Beach

$ 1,599,000

Maintenance & tax:$866

Tax:$866/mo

Maintenance: $0

Common: $0

Townhouse For Sale

 
Townhouse
 
5 Bed
 
5 bath
 
4000 sqft

Description

Outstanding, 5-family mixed-use investment opportunity, just hitting the market in Brighton Beach! Rarely do we see such amazing, solid-brick, 3-story mixed-use investment properties, with the potential for impressive returns both presently and for years to come, reaching the market at such a desirable price. This beautiful brick building sits on a 20 by 100 square foot lot; the entire building has over 4,000 square feet along with the fully-finished basement that also has a full bathroom; the entire building measures 20 by 76 square feet in all; it even has its highly-visible side-wall, which is a popular space for advertising billboards, an additional stream of passive-income! In a word, it's extraordinary! The 1st floor is the busy storefront, fully-exposed in the high traffic location of Neptune Avenue, this is a popular trendy spot, and the perfect café location, complete with outdoor seating in a high traffic area, and it comes with a single-room apartment in back! Next level up are 2 units, each 1-bedroom, 1-bathroom units, each of them are so spacious, they could literally be converted into 2-bedroom units, and the 3rd and top-floor basically mirrors the second, with 2 more, huge 1-bedroom, 1-bathroom apartments; the majority of these units are newly renovated! Imagine acquiring an income producing 5-family mixed-use apartment building, right in this highly coveted area of Brighton Beach for under $1.6 million! Imagine no more, and make the call! Just a short walk to the Ocean Parkway stop along the Q and B line, and just seconds from the World-Famous Coney Island Beach and Boardwalk, home to the original Nathan's Hot Dogs and the NY Aquarium. Perfect investment property in a premier location! Make the call today!

Location

Features & Amenities

Posted: 1 month ago (Mar 22, 2024)

Estimated Monthly Costs

  • $5,121.15

    Est. Mortgage

  • $0.00

    Maintenance

  • $5,121.15

    Monthly Total*

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* The estimated monthly costs provided by this caculator are for illustrative purposes only, with no guarantee regarding accuracy.

TransistTransit (6) Good connectivity to most hubs

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Crime rate Below average crime rate

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