4409 New Utrecht Ave
Brooklyn, NY 11219

2 buildings mixed use each, for sale together as a package deal. 2 entrances: one from New Utrecht Ave and another from 45th St. 1 building is 3 story and another one is 2 story. They are connected in the back (by owner), but can be disconnected to have a back yard or walk-through. On New Utrecht Ave there is a curtains store on the 1st floor and 2 three-bedroom apartments upstairs. On 45th St there is woodwork shop on the 1st floor (about 4K sq ft) and 1 three-bedroom 2 bath apartment on the 2nd floor . Income: 1st Property: 1fl $2400, 2fl $1250, 3fl $1200. 2nd property: 1109 45th St: 1fl $8K, 2fl $2,250. Expenses: Real estate tax for both buildings: $26K each. Heat for 2 separate gas boilers: $5K per year. Water/sewer for 2 buildings: $5K per year. 1st floor of 2 connecting buildings is great for a supermarket or any other type of other business that needs 2 entrances. There is a skylight. The apartments are in good condition and have good tenants that pay rent on time. The neighborhood is very convenient and right by the trains and stores.
Long-term ownership. The property is located in the Borough Park section of Brooklyn, near shopping, dining and transportation options. Within walking distance to the Fort Hamilton Pkwy Station (D trains). Great investment opportunity. All brick building. A lot of potential for a higher income and great location for a business.