Description
Corner Mixed Use Solid Brick Investment Property in Prime Bay Centrally along famous 86th Street. SOLD AS PACKAGE DEAL WITH BUILDING NEXT DOOR - 409 88TH STREET - These 2 solid brick buildings MUST be sold together "As Is". Located right on the corner of 88th Street and 4th Avenue in a highly desirable area, steps to subway, bus and National Chain stores including Century 21, Dunkin Donuts and Taco Bell. Newly renovated commercial space on main floor with 3 years left on lease and paying competitive monthly rent. 2nd and 3rd floors consist of 4 Residential units with 2 and 3 bedrooms and beautiful unobstructed views of the Verrazzano Bridge. Month to Month leases. Could be delivered vacant. Full Basement! C4-2A Zoning. Properties are zoned for 2 additional stories Total Square Footage is approximately 5000sqft Yearly income approx. $150,000 with potential for more Well-maintained building with low upkeep. Present all offers. Proof of funds required with all written offers Additional information upon request. Expenses approx. $45,000 yearly
