Address
426 Decatur Street 5+, Bedford-Stuyvesant, NY
Price
$ 3,199,000
Property Attributes
- MLS#3500034
- TypeCommercial
- CountyBROOKLYN
- CityBedford-Stuyvesant
- Zip11233
- Style
- Year Built1910
- Taxes$ 156
- Price$ 3,199,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2500
- Lot Size2,614 SqFt
Data Source:
OneKey® MLS
Property Description
Exceptional Mixed-Use Building with Prime Investment Potential Presenting an outstanding opportunity for the discerning investor, this mixed-use building offers a prime location and versatile income potential. Comprising a total of five residential units and two commercial spaces, this property is a lucrative prospect for the right buyer. Residential Units: - Four units consist of 3 bedrooms and 1 bathroom each. - The fifth unit features 2 bedrooms and 1 bathroom. - Unit 1R: 3 bedrooms, $3,600/month (Vacant on delivery) - Unit 2R: 3 bedrooms, $3,600/month (Vacant on delivery) - Unit 3R: 2 bedrooms, $2,000/month (Occupied) - Unit 3L: 3 bedrooms, $3,600/month (Vacant on delivery) - Unit 2L: 3 bedrooms, $2,400/month (Occupied) Commercial Spaces: - Front Store: with approximately 1,500 sq ft, $3,000/month - Back Store: Takeout restaurant with approximately 1,000 sq ft, $3,000/month Income Breakdown: - Potential monthly income: $24,200 - Yearly income: $290,400 Exp Food Pantry enses (Approximately): $22,548 per year This property presents a fantastic investment with a mix of occupied and vacant units, providing potential for immediate income generation and future value appreciation. The building's strategic location ensures a steady stream of foot traffic for the commercial tenants, enhancing their earning potential. Don't miss the chance to own a piece of this thriving investment
| Price History | |
|---|---|
| 8/24/2023 | Listed $4,999,000 |
| 8/31/2023 | 10% - $4,500,000 |
| 10/2/2023 | 12% - $3,999,900 |
| 11/9/2023 | 13% - $3,500,000 |
| 12/19/2023 | 9% - $3,199,000 |
General Features
| Standard Status | Active |
|---|
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 11233
Price
Taxes
Visits
Year Built
Walkscore
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