120 Riverdale Avenue

For Sale$1,550,000

120 Riverdale Avenue, Brooklyn, NY 11212

  • Mixed Use

120 Riverdale Avenue, Brooklyn, NY 11212 - Mixed Use Space

120 Riverdale Avenue is located at 120 Riverdale Avenue in the Brownsville neighborhood, NY, Brooklyn, 11212. The Mixed Use building features a total of 5,850 Sqft.

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Details

  • Sale Price $1,550,000
  • City Brooklyn
  • Neighborhood Brownsville
  • Zip Code 11212
  • Property Type Mixed Use
  • Property Size 5,850 Sqft
  • Units 6
  • Lot Size 2,500 Sqft
  • Property Tenancy Multi-Tenant
  • Date Updated 14 Oct, 2020

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Description

Calling All Investors! A Cash Cow Investment Opportunity! Prime 6 Unit Free Market Corner Building Offered at A 7% Cap! The subject property includes 5 residential units and 1 commercial unit. Situated on the busy street of Riverdale Ave, 5 mins walking distance 2,3,4 train line, ideal for investors looking for stable & high income. All FREE MARKET residential units with good tenants in place. 120 Riverdale Ave is roughly 5850 sf of efficiency, excluding the basement. 1st FL is a commercial deli with an expansive basement and with lease expirations by 2024, the tenant has been there for 15 years. Annual NOI: $107,205

FREQUENTLY ASKED QUESTIONS

What is the total square footage of 120 Riverdale Avenue?

120 Riverdale Avenue totals 5,850 square feet.

Brownsville Demographics

The average household income in zip code 11212 is $43,099, from a total of 31,454 households. In terms of employment, there are 83.41 % white-collar and 16.59 % blue-collar jobs in zip code 11212.

Population

  • Total Population76,527
  • Male Population(42.4 %) 32,439
  • Female Population(57.6 %) 44,088
  • Median Age37.60

Income/Financial

  • Average Household Income$43,099
  • Median Household Income$26,239
  • Median Income Under 25$15,139
  • Median Income 25-44$27,119
  • Median Income 45-64$28,801
  • Median Income Over 65$22,940

Attachments

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Barbie Li

B Square Realty

(646) 889-9988

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