Property Description

Fully Renovated Mixed-Use Property for SaleThis turnkey, fully occupied mixed-use property presents a compelling investment opportunity with immediate, stable cash flow and strong long-term upside in a rapidly developing Brooklyn corridor.Residential ComponentFour (4) fully renovated apartments (2) Four-bedroom units (2) Two-bedroom unitsEach unit features independent boilers for separate heating control100% occupied with Section 8 tenants, providing reliable, government-backed incomeAll Apartments Free Market with annual leasesCommercial ComponentTwo Street-level retail storefront(s)Fully renovated spacesSeparate utilities for commercial tenantsInvestment HighlightsMinimal owner expenses: landlord responsible only for water and common area electricityFully upgraded systems: plumbing, electrical, and heatingImmediate cash flowStrong tenant demand in high-growth submarketLocation & Growth DriversStrategically located near major development projects expected to significantly enhance the area's residential density and economic activity:329 Clarkson Avenue (Clarkson Estates) - ~328 Units Finished 2026564 Utica Avenue (Utica Crescent) - ~325 Units Under DevelopmentThese projects, along with additional nearby developments, are projected to bring **over 1,000 new residential units within a 2-mile radius by 2027**, driving increased foot traffic, rental demand, and long-term asset appreciation.Investment SummaryThis offering combines:Stable, government-backed residential incomeRetail upside potentialLow management intensityPositioning in a growth corridorIdeal for investors

Property Features