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Mixed Use, Brooklyn, NY

Excellent Investment Opportunity on Prime 8th Avenue! This attached mixed-use 1-family property offers stable cash flow and long-term leases, making it an attractive investment opportunity. The property features a 20' * 50' building on a 20' * 60' lot with annual property taxes of $7,448. The 1st floor and finished basement are currently leased to an established hair salon at $2,300/month, with the lease secured through 2029. The commercial tenant is responsible for its own utilities, including water, electricity, gas, and heating, and also pays 30% of the property taxes. The 2nd-floor residential apartment features 3 bedrooms and 1 full bathroom and is occupied by a tenant paying $1,800/month, with a lease secured through 2030. The second-floor tenant is responsible for gas and electric expenses. The property currently generates $4,100/month, or $49,200 in annual gross rental income, wi...

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Source:First Street

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Source: Brooklyn New York Multiple Listing Service, MLS# 504515
Listing status: Active
Listing last updated: September 16, 2026 at 10:30 PM
Listing last checked: September 17, 2026 at 5:30 AM
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