It's an amazing opportunity to own this great commercial unit in a busy, thriving Brooklyn neighborhood on the main street Utica Ave. This complex consists of 5 separate units/businesses that bring consistent rental income each year. As of now 4 of the units are rented out to highly successful restaurant in the business for the past 20 years rent $60,000 , church $24,000 per year, another church $36,000, car service $30,000 and the 5th unit will easily generate $36,000 per year. Combined yearly rental income is $186,000, absolutely perfect for a person who wants to either build the real estate portfolio or start it and generate great income each year and for years to come. Taxes on the property are $19,420 and most of the businesses pay their own expenses. The complex goes around Foster Ave and is located in a very busy area, ideal for this type of business and with a great appreciation each year. If you have any questions please text or call the listing agent Sharon Frank-Grant at 516-805-3039. It's a great investment property and a fantastic opportunity to build your own independent wealth. Don't miss it out!!!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
