116 2 & 3Brooklyn, NY 11221

Property Details for 116 2 & 3

Lot size

0.03 AC

Property size (Sq ft)

1,300 SF

Property type

Mixed-use properties

Description

This exceptional mixed-use property, located at 116 Ralph Avenue, units 1, 2, & 3 in Brooklyn, NY 11221, presents a unique investment opportunity. The property is a three-family building, currently fully occupied, offering immediate cash flow. The asking price is $700,000. The total square footage is 1,300 square feet, situated on a 0.03-acre lot. This short sale requires third-party approval, a factor to consider during the due diligence process. The property's mixed-use zoning allows for a variety of potential uses, making it an attractive option for both investors seeking rental income and those looking to explore additional commercial ventures. Its location in Brooklyn, NY offers convenient access to public transportation, local amenities, and a vibrant community. The property's current occupancy status ensures a steady stream of rental income from day one, minimizing vacancy risks. Serious inquiries are encouraged to explore this promising investment opportunity further. Detailed financial records and property information are available upon request. This is a rare chance to acquire a well-located, income-producing property in a desirable Brooklyn neighborhood.

Location Insight

City

Brooklyn

County

36047

State

New York

Latitude

40.686

Longitude

-73.9235

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].