7206 New Utrecht Avenue, Brooklyn, New York 11228

Property Description

Excellent mixed-use investment opportunity with strong income potential. Situated on a 20×55 lot with a building size of approximately 22×106, this property offers outstanding value in a prime location. The ground floor features a well-established restaurant tenant paying $3,800/month with approximately 2 years and 6 months remaining on the lease, providing immediate and stable rental income. The second floor consists of a spacious 4-bedroom residential unit currently rented at $2,500/month with no lease in place, offering flexibility and potential for rent increase. Apt will be delivery vacant at closing. Tenants are responsible for water and sewer charges, resulting in low operating expenses and easy management. Strong cash flow makes this property ideal for both investors and end-users. A rare opportunity not to be missed.