2075 Flatbush Avenue/2230 Troy Avenue, Brooklyn, 11234

This street-to-street, mixed-use property (single tax lot) is ideally positioned, containing 3 commercial retail spaces fronting busy Flatbush Ave., and a fully detached house containing 4 residential units, along with a detached garage and private driveway (3 vehicles) that fronts quiet Troy Avenue. Directly below the commercial space is a huge, wide-open, dry basement, with high ceilings, making this space (accessible from both buildings) an untapped source of additional use & revenue. The doctor’s office is under lease, while the remaining two storefronts have been freshly renovated and are now vacant and ready for great tenants. This investment property can also be an ideal situation for a savvy owner/occupant in need of a professional space. The residential side of the property currently has 3 units occupied by long-term, excellent tenants (1 lease, 2 month-to-month) and a vacant, freshly renovated, 2-bedroom unit on the lower level. The detached garage/storage space is climate controlled, features a full bathroom, and will also be delivered vacant at closing. The entire property is fully modern, updated and very well maintained. This diversified, cash-flowing asset sits directly on a high-traffic corridor that borders both the Flatlands and Marine Park neighborhoods. This unique property is turn-key, easy to manage, and offers the next owner additional short & long term potential. Listed exclusively with Calemine & Co. Real Estate. Listing status updated daily. Call us directly with all questions and for more details.

Details

Property Type: Mixed-Use (Commercial/Residential)

Lot Size: 4,140 sq.ft. (50’ frontage on Flatbush, 60’ frontage on Troy)

Interiors: 5,890 sq.ft (total)

Zoning: C1-2, R3-2

Financials

Price: $1,949,000 (reduced)

Rent Roll: $192,600

Expenses: $31,248

Property Tax: $30k

NOI: $131,352

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