
Courtesy of: Diana Melerud, Superior Realty Service, diana.melerud@gmail.com
$1,950,000
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Lot: 0.04 Acres
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Mixed Use
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$1,950,000
120 Avenue T INVESTMENT OPPORTUNITY: Mixed-Use Property in Prime Brooklyn Location This fully renovated mixed-use brick building presents an exceptional investment opportunity in the desirable Gravesend-Bensonhurst area of Brooklyn. The property features a strategic combination of residential and commercial spaces designed to maximize rental income potential. PROPERTY SPECIFICATIONS: • Building Type: Semi-attached brick construction • Configuration: Mixed-use with residential and retail components • Total Units: Four income-generating spaces • Basement: Semi-finished with expansion potential RESIDENTIAL COMPONENT: • Two well-appointed 2-bedroom apartments on second floor • Large balcony feature enhancing tenant appeal in one of the apartments • Fully renovated living spaces with modern finishes • Combined monthly rental income: $6, 000 ($3, 000 each) COMMERCIAL COMPONENT: • Two ground-floor retail spaces • Store 1: $3, 500 monthly rent • Store 2: $3, 500 monthly rent • Street-level visibility in high-traffic corridor RECENT IMPROVEMENTS: • Complete renovation from foundation to roof • Updated electrical and plumbing systems throughout • Modern LED lighting installation • New windows and doors • Contemporary appliances • Basement infrastructure upgrades including new boiler and water heater • Roof replacement FINANCIAL PERFORMANCE: • Gross Monthly Income: $13, 000 • Diversified revenue streams across residential and commercial tenants • Established rental rates reflecting current market conditions • Strong cash flow generation from fully occupied property
Courtesy of: Diana Melerud, Superior Realty Service, diana.melerud@gmail.com
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