922 4Th Ave Brooklyn, NY 11232

This exceptional mixed-use property, located at 922 4th Avenue in Brooklyn, New York, presents a compelling investment opportunity. The building, a solid brick structure, encompasses 4,000 square feet across four stories and sits on a 1,600 square foot lot. It features seven residential units and one ground-floor storefront, currently generating an approximate annual rental income of $156,000. The property is zoned M1-2D, offering flexibility for future development or expansion. Situated on a bustling commercial corridor of 4th Avenue in the desirable Greenwood Heights/Sunset Park neighborhood, this location benefits from excellent access to public transportation and abundant shopping options. This turnkey investment is ideal for those seeking a stable, high-yield property in a prime Brooklyn location. The asking price is $2,150,000 and is offered as a 1031 exchange opportunity. This well-maintained building offers a strong cash flow and significant potential for long-term appreciation. The property's solid construction and consistent rental income make it an attractive investment for both seasoned and new investors. Don't miss this chance to acquire a prized piece of Brooklyn real estate.