Located in the vibrant Ocean Hill section of Brooklyn, is a well-maintained, three-story mixed-use corner property offering strong income potential, low operating costs, and rare off-street parking with a 4-car garage. Positioned on the corner of Herkimer Street, the building enjoys excellent visibility and accessibility in a rapidly evolving neighborhood. The property features approximately 3,380 square feet of rentable space, configured with two residential units and one commercial unit. The ground-level commercial space offers approximately 900 SF, with an additional 400 SF basement ideal for storage or operational use. The second and third floors each contain spacious two-bedroom apartments, approximately 900 SF per unit. An added benefit is the attached 4-car garage, a rare and valuable amenity in this area, providing convenient on-site parking for tenants or potential additional income. Just a few minutes from the Broadway Junction transit hub (A, C, L, and M lines) and the East New York Bus Depot, with nearby access to the Jackie Robinson Parkway and Highland Park. This central location offers exceptional transit connectivity and convenience. Ocean Hill is a historically rich Brooklyn enclave known for its beautiful brownstones, tree-lined streets, and tight-knit community. The property is surrounded by residential homes, schools, parks, and neighborhood shopping—making it an attractive location for both tenants and businesses. This is a rare opportunity to acquire a stable, income-producing asset with parking amenities in one of Brooklyn’s most promising neighborhoods.
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Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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