Property Description
Don’t miss this rare opportunity to own a solid income-producing, mixed-use building in one of the busiest commercial corridors of Rutland Road. Featuring a fully leased laundromat with 3 years remaining on a rent-escalating lease, there will be a 2% increase annually for the store rent. The owner of this property pays $5,140 for the annual tax and the store owner pays the rest. Plus two spacious 4-bedroom apartments, this property offers both immediate cash flow and long-term growth potential. With a full basement for added storage, minimal owner expenses, and proximity to major transit lines and top-rated schools, this is the perfect asset to invest, live in, or expand your real estate portfolio.
Features
: Flat
Address Map
11212
Rutland
1045
Road
0
W74° 4' 28.9''
N40° 39' 49.3''
MLS Addon
: Mixed Use
0
1
: Other, Tile
: Other
: Other
: Other
120260
Tiger Realty
Liuhong (Yoyo) Ren
lr8921
$0
$0
: Other, Full
: Brick
: Active
$7,386
Mixed Use For Sale
1045 Rutland Road, Brooklyn, New York 11212
3,932 Sqft
$1,910,000
Listing ID #492521
Basic Details
Property Type : Mixed Use
Listing Type : For Sale
Listing ID : 492521
Price : $1,910,000
Square Footage : 3,932 Sqft
Year Built : 1931
Lot Area : 2,000 Sqft
Agent info
Mortgage Calculator
Contact Agent