- For Sale $3,680,000
- Property Type Other
- Property Size 1,640 SF
- Lot Size 0.05 Acre
- Rental Income / YR $250,000.00
- Date Updated Oct 28, 2026
Description
Fully renovated mixed-use building with strong cash flow and minimal owner expenses! Ground floor & basement leased to a large restaurant with multiple private dining rooms. Restaurant rent: $15,000/month Tenant pays all water bills and 50% of property taxes. Two residential apartments on the 2nd floor, each renting for $3,000/month, Approximately $250,000 annual rental income 3% annual rent increases built into the lease Owner only pays 50% of property taxes and insurance A rare investment opportunity offering stable income, low management, and long-term growth potential. Don t miss this exceptional Brooklyn investment property!
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Contacts
Qikang Mei
RE/MAX Edge
Location
Located at 774 48th, Brooklyn, NY 11220, this property is part of the Sunset Park neighborhood and Brooklyn market.
Contact Listing Broker
Qikang Mei
RE/MAX Edge