Investment Overview
Well-maintained historic brick mixed-use property featuring two 3-bedroom apartments, two commercial storefronts, and two income-producing garages. The property offers a strong value-add opportunity with below-market rents and residential units that can be renovated to increase future returns. Ideal for investors seeking diversified income and significant upside potential. Projected Rents are as follows: Apartment 1 - $3,000; Apartment 2 - $3,000; Store #1 (Smaller Store) - $700; Store #2 - $3,000; Garage #1 - $700; Garage #2 - $700 for a Projected Monthly Income of $11,100.
Investment Highlights
- 6 units
- Prime New York location
- High foot traffic area
- Versatile retail space
- Great investment opportunity
- Proximity to major attractions
- Strong rental potential
- Modern building design