8
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$1,750,000
Est. payment /mo
1,868 Sqft Lot
Active
3324 Tilden AVE Brooklyn, NY 11203
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 925970
Rental Info No
Year Built 1931
Annual Tax Amount $9,687
Lot Size 1,868 Sqft
Acres 0.0429
Property Sub-Type Mixed Use
Source onekey2
Property Description
Excellent opportunity for investors to own a semi-attached corner mixed-use property located in the East Flatbush section of Brooklyn. The building is in good condition and fully occupied, offering a stable and high-income investment. Property features include: • One commercial store on the ground floor • Five residential apartments (all rented) • Garage in the rear for additional income The property produces a gross annual income of $162,288 with gross expenses of $19,898, offering a net income of approximately $142,390. This results in a strong cap rate, making it an attractive investment for buyers seeking steady cash flow and long-term value growth. Located on a visible corner with excellent foot and vehicle traffic, close to public transportation, schools, and shopping.
Location
State NY
County Kings (brooklyn)
Rooms
Basement Full
Interior
Heating Natural Gas
Cooling None
Fireplace No
Exterior
Utilities Available See Remarks
Building
Sewer Other
Water Other
Structure Type Stucco
Others
Special Listing Condition None
Listed by RE/MAX Edge • Faig Mikayilov
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