Prime Mixed-Use Investment Opportunity in East New York, Brooklyn
3-Story Corner Property | Approx. 3,000 SF | 1 Retail Unit + 2 Residential Units
Occupancy: 25% (Retail Space is Occupied)
Established Deli Tenant in Place Through 2030 with Annual Rent Increases
Projected 8.6% Cap Rate Supported by Approximate Pro Forma NOI of $132,834
Multiple Income Streams Providing Stable Cash Flow and Long-Term Investment Potential
High-Visibility Corner Location Near Montauk and Atkins Avenues with Strong Foot and Vehicle Traffic
Glass Storefront with Excellent Signage, Strong Frontage, and Ground Floor Access
Move-In Ready Turnkey Space with Plumbing in Place
Private Garage Parking Plus Additional Street Parking
Close Proximity to Public Transit, Major Subway and Bus Lines, Highways, and Dense Residential Population