About 426 Decatur Street # 5+
Exceptional Mixed-Use Building with Prime Investment Potential Presenting an outstanding opportunity for the discerning investor, this mixed-use building offers a prime location and versatile income potential. Comprising a total of five residential units and two commercial spaces, this property is a lucrative prospect for the right buyer. Residential Units: - Four units consist of 3 bedrooms and 1 bathroom each. - The fifth unit features 2 bedrooms and 1 bathroom. - Unit 1R: 3 bedrooms, $3,600/month (Vacant on delivery) - Unit 2R: 3 bedrooms, $3,600/month (Vacant on delivery) - Unit 3R: 2 bedrooms, $2,000/month (Occupied) - Unit 3L: 3 bedrooms, $3,600/month (Vacant on delivery) - Unit 2L: 3 bedrooms, $2,400/month (Occupied) Commercial Spaces: - Front Store: with approximately 1,500 sq ft, $3,000/month - Back Store: Takeout restaurant with approximately 1,000 sq ft, $3,000/month Income Breakdown: - Potential monthly income: $24,200 - Yearly income: $290,400 Exp Food Pantry enses (Approximately): $22,548 per year This property presents a fantastic investment with a mix of occupied and vacant units, providing potential for immediate income generation and future value appreciation. The building's strategic location ensures a steady stream of foot traffic for the commercial tenants, enhancing their earning potential. Don't miss the chance to own a piece of this thriving investment
Features of 426 Decatur Street # 5+
MLS® # | 3500034 |
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Price | $3,199,000 |
Bathrooms | 0.00 |
Acres | 0.06 |
Year Built | 1910 |
Type | Commercial |
Sub-Type | Mixed Use |
Status | Active |
Community Information
Address | 426 Decatur Street # 5+ |
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City | Bedford-Stuyvesant |
County | Brooklyn |
State | NY |
Zip Code | 11233 |
Additional Information
Listing Details
Office | Weston Brown |
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Office Contact | 848-468-0423 |