ID # | 11347151 |
Details | 12 bed, 6 bath, Interior: 7560 ft2, 702m2, Building has 4 floors Listing Age: 20 days |
Construction Year | 1931 |
Broker Website | |
Bus | 0 min to B35 |
1 min to B103, B67, B69, BM3, BM4 | |
4 min to B16 | |
8 min to B68 | |
Subway | 2 min to F |
10 min to G | |
LIRR | 2.8 miles to "Atlantic Terminal" |
2.9 miles to "Nostrand Avenue" | |
Handsome, diversified, fully-occupied, cash-flowing, mixed use building for sale on a bustling corner of Kensington, Brooklyn. Anchor tenant is a national chain that has been renting for almost 20 years and pays a substantial portion of utilities. 321 E 2nd St (aka 329 E. 2nd St) contains 6 rent-stabilized residential units (all 2BR/1BA) and 4 commercial units across 7,560 square feet of space.. Located one block from the Church Ave F/G, its reliable long-standing tenants enjoy access to countless retailers and amenities along Church Ave. There is room for growth on the commercial rents, especially with cosmetic improvements, affording a projected cap rate of 6% at asking price. Asking price $2,500,000 ($250,000 per unit). Seller is open to reasonable offers.