$1,750,000

3324 Tilden Avenue, Brooklyn, NY 11203

  • 3,000 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1931
  • Property Lot Size Icon1,869sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $583/sqft
  • Property List Date Icon Listed 1 day ago

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.

Listing Status:
Active
Listing Office:
RE/MAX Edge : 718-288-3835
MLS ID:
925970
  • Basement: Full
  • A/C: None
  • Heating: Natural Gas
  • Originating MLS: onekey2
  • County: Kings (Brooklyn)
  • Zoning: 04918-0010
  • Utilities: See Remarks
  • Water: Other
  • Sewer: Other
  • Source: onekey2

This listing courtesy of RE/MAX Edge

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby