1301-1305 Gravesend Neck Road, Sheepshead Bay/Gerritsen Beach, NY 11229 - For Sale
We are proud to present this meticulously maintained investment property consisting of 2 totally updated mixed use brick corner buildings totaling 7,150 SF with 3 Retail units, 4 spacious 3 rooms 1 bedrooms Residential units and two full basements. It is located in Prime Sheepshead Bay, on the board-line of Homecrest area of South Brooklyn, next to all the public transportation, shopping, schools, parks, places of worship. Current NOI $135,000. CAP Rate 5%. It comes with substantial upside potential in the rent income increase by bringing it up to the todays market rates. This property is an excellent choice for the owner-user or savvy investor.
1301-1305 Gravesend Neck Road - listing #1948676
- Type: Mixed Use
- Year Built: N/A
- Price: 2,699,999
- MLS#: 415662
- Letest update: 10/25/17
- Area Size (SF): 7,150
Status: For Sale
Added: 2017-10-24 Updated: 2017-10-25
Sheepshead Bay/Gerritsen Beach, NY 11229 US
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Useful information about Brooklyn, NY 11229 location:
The population of this area is about 80,554. The Average count of Households in this area is 31,753. Black population is about 3,755, White Population is about 60,735, Hispanic Population is about 5,363, Asian Population is about 11,797, Hawaiian Population is about 34, Indian Population is about 165, Other Population is about 1,861. Average Houses in this area is 231,500. Average Income per Household is $37,812. Median Age of population is 39.6 years.
1301-1305 Gravesend Neck Road, Sheepshead Bay/Gerritsen Beach, NY 11229 on the Map:
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