Updated8/5/2019
Added11/9/2017

1301 Gravesend Neck Rd

About this Property
We are proud to present this meticulously maintained investment property consisting of 2 totally updated mixed use brick corner buildings totaling 7,150 SF with 3 Retail units, 4 spacious 3 rooms 1 bedrooms Residential units and two full basements. It is located in Prime Sheepshead Bay, on the board-line of Homecrest area of South Brooklyn, next to all the public transportation, shopping, schools, parks, places of worship. Current NOI $135,000. CAP Rate 5%. It comes with substantial upside potential in the rent income increase by bringing it up to the todays market rates. This property is an excellent choice for the owner-user or savvy investor.
Details
  • Status:No Longer Available
  • Size:7150 Sq Ft
  • Type:Mixed Use
  • ID:2583626
  • Tax:$ 8264
  • Flooring: Ceramic,Hardwood,Laminate,Tile
  • Financing Type: Bank Mortgage,Cash
  • Roof Type: Flat
  • Yard: Back,Fenced - Full,None
Learn about this property's history, neighborhood, taxes, schools and more.
Marketproof building overview
Location

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