1728 Mermaid Avenue, Brooklyn, NY 11224
$2,800,000
Commercial For Sale - Commercial - 11224
426.83Price per SqFt
6560Building Sqft
About 1728 Mermaid, Brooklyn
Mixed-Use Asset The Property Features 6 Residential Apartments and 4 Ground-Floor Commercial Spaces, Offering Stable in Place Income Across both Asset Classes. Out of the 4 Commercial Spaces 2 are Currently Vacant. The Commercial Tenants provide an Additional Diversification to the Income Stream. Out of the 6 Residential Units all 6 Units are Rented. (Each Unit 2 Bed/1 Bath). Allowing for Long-Term Income Stability along with Potential Rent Growth as Units Naturally Turn over. A Must See!
Facts & Features
| Property Type | Commercial For Sale - Commercial |
|---|---|
| Subtype | Commercial |
| County | Kings |
| Lot Size Sqft | 2000 |
| Tax Abated | No |
| List Price per Sqft | $426.83 |
| Zoning | R7-A |
| Electric | 220 Volts |
| Heating System | Steam |
| Air Conditioner | Units |
| Area | Coney Island |
| Condition | Excellent |
| Lot Dim | 20x100 |
| Taxes | 16780 |
| Year Built | 1930 |
| Building Sqft | 6560 |
| Siding | Brick |
| Sewer | City |
| Heating Source | Natural Gas |
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