Mixed use investment opportunity (1738663)

MIXED USE INVESTMENT OPPORTUNITY

Mixed use building with existing supermarket rental, adjacent lot & 18 apt. rentals. Commercial rental has a 15 year triple net lease, apt''s are non stabilized Jr. 1BR''s and studios. Tenants pay all utilities. Apt''s have wood floors, exposed brick walls, high ceilings, full kitchen & baths, and windowed heating and A/C unit. Some of the Jr. 1BR''s have small terraces. Lease expiration dates are at the end of the stated months. The commercial space is paying $15,007.5 a month + $350. a month for the use on the rear lot. The Commercial space has annual increments of 3.5% 12 years remaining on the lease.

Al Viera
Halstead Brooklyn, LLC
(718) 613-2092
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All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all information should be confirmed by customer. All rights to content, photographs and graphics reserved to Halstead. Customer should consult with its counsel regarding all closing costs, including without limitation the New York State 1% tax paid by buyers on residential properties over $1 million. Halstead represents the seller/owner on Halstead's own exclusives, except if another agent of Halstead represents the buyer/tenant, in which case Halstead will be a dual agent with designated agents representing seller/owner and buyer/tenant. Halstead represents the buyer/tenant when showing the exclusives of other real estate firms. In all instances Halstead treats all parties fairly and honestly. Halstead actively supports equal housing opportunities.

* - represents current apartment configuration, which may not conform to official legal documentation. Purchasers should consult with professionals to determine legal use parameters.