This meticulously maintained, completely updated corner mixed-use brick building totaling 3,580 SF, including the basement used by commercial tenant (Price per SF $377) with 2 Retail and 2 Residential units. The building is in excellent condition with updated electric system, new Boiler, W/H, windows, rubber roof, kitchen cabinets, granite counter-tops, appliances, and so on. The property is located on the corner of a busy commercial avenue in Prime Homecrest / Sheepshead Bay area of South Brooklyn right next to all the public transportation, shopping, schools, parks, restaurants and places of worship. Current Gross Annual Income (GAI) $83,290, Total annual expenses $9,629, Net Operational Income (NOI) 73,670, CAP Rate 5.45%. Substantial Upside of about $4,800 of Rental increase in middle of 2019, bringing NOI to approximately $79,000 and a CAP Rate 5.85%. This property is an excellent choice for the owner-user or savvy investor See attached Offering Memorandum for more details. The property may be purchased as a package with adjacent mixed-use building consisting of 1 retail + Basement and 2 apartments, 1305 Gravesend Neck Road Brooklyn NY 11229. Please contact for more details and the price.