105 Brighton 11Th StBrooklyn, NY 11235

This exceptional mixed-use property at 105 Brighton 11th Street in Brooklyn, New York, presents a compelling investment opportunity. The fee-simple owned building, constructed in 1931 and extensively renovated in 2021, boasts 6,400 square feet across four stories on a 1,800 square foot lot. Currently operating at 100% occupancy since July 1, 2020, the property features nine units, including six two-bedroom apartments and three retail spaces, catering to a diverse tenant base. The building's Class C designation reflects its solid foundation and potential for future upgrades. With a Net Operating Income (NOI) of $18,354 and an asking price of $3,500,000, the property offers a 0.52% cap rate. The property's strategic location in Brighton Beach, situated amidst several high-rise residential buildings, ensures consistent demand and strong rental income. The corner lot provides excellent visibility and accessibility. The building features a 10-foot ceiling height and is zoned for mixed-use development (Permitted Zoning: x). This is a rare opportunity to acquire a fully-rented, multi-tenant property in a thriving Brooklyn neighborhood. The twelve bedrooms across the residential units provide ample living space for tenants. The property's strong performance and prime location make it an ideal investment for both owner-users and investors seeking a stable, high-occupancy asset with potential for future appreciation. APN: 610041001.