There’s a fantastic mixed-use building in the heart of Sunset Park that you definitely need to check out! This building is perfectly situated on a busy avenue and consists of three floors plus a basement. The ground-floor store, currently rented out at $4250/ monthly, it has a lease that will expire next year. This could be a great chance to renegotiate or start your own business in this prime location. The second floor features a spacious three-bedroom apartment, which can be closed off for privacy or rented out for additional income. The top floor is currently empty, offering even more potential for rental income or personal use. One of the best parts? The property tax is surprisingly low, and the annual insurance cost is about $3,500. Plus, the water bill is only $1,600 a year, making this property even more financially attractive. Location-wise, you couldn’t ask for better. It’s within a short distance to the vibrant 8th Avenue Chinatown and close to schools, making it a perfect spot for families and businesses alike. The area is always bustling, providing great foot traffic for any commercial endeavor. Whether you’re looking to open a new store, rent out the apartments, or both, this property offers incredible potential. What are you waiting for? You could be the proud owner of this prime piece of real estate and enjoy the additional rental income. Don’t miss out on this opportunity. Call today to learn more and schedule a viewing!
Assessed Value is a combination of the land and additions.
2024
$8,636
(+0.77%)
$84,840
Land 21,900 +
Additions 62,940
2023
$8,570
(+4.83%)
$85,680
Land 21,900 +
Additions 63,780
2022
$8,175
(-48.86%)
$77,220
Land 21,900 +
Additions 55,320
2021
$15,985
(+110.76%)
$71,940
Land 21,900 +
Additions 50,040
2020
$7,584
(+1.19%)
$81,780
Land 21,900 +
Additions 59,880
2019
$7,495
(+9.61%)
$81,780
Land 21,900 +
Additions 59,880
2017
$6,838
$35,557
Land 10,851 +
Additions 24,706
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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