1301-1305 Gravesend Neck Road, Sheepshead Bay/Gerritsen Beach, NY 11229 For Sale

Property Description: Mixed Use on 1301-1305 Gravesend Neck Road, Sheepshead Bay/Gerritsen Beach, NY state. This listing was added to our database on Oct 24, 2017. Listing was updated in 10/25/17. Year of built is N/A. The general area of Mixed Use is 7,150. We are proud to present this meticulously maintained investment property consisting of 2 totally updated mixed use brick corner buildings totaling 7,150 SF with 3 Retail units, 4 spacious 3 rooms 1 bedrooms Residential units and two full basements. It is located in Prime Sheepshead Bay, on the board-line of Homecrest area of South Brooklyn, next to all the public transportation, shopping, schools, parks, places of worship. Current NOI $135,000. CAP Rate 5%. It comes with substantial upside potential in the rent income increase by bringing it up to the todays market rates. This property is an excellent choice for the owner-user or savvy investor.

1301-1305 Gravesend Neck Road,
Sheepshead Bay/Gerritsen Beach, NY 11229 - Photo Gallery

Price:$2,699,999

Agent Details

Homes For Sale Details

• Type: Mixed Use
• City: Sheepshead Bay/Gerritsen Beach
• State: NY
• County: Kings
• Zip-Code: 11229
• 2,699,999
• Listed: Oct 24, 2017
• Updated: Oct 25, 2017

1301-1305 Gravesend Neck Road, Sheepshead Bay/Gerritsen Beach, NY 11229 home (10/25/17)

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• Additional Details

• Area Size (SF): 7,150

• Building Details

• Year Built: N/A

Price: $2,699,999

Address:

1301-1305 Gravesend Neck Road,

Sheepshead Bay/Gerritsen Beach

NY 11229

Contact me at: Coming Soon