225 Rockaway Avenue
Property Description
Fantastic opportunity to own a beautifully renovated mixed-use triplex property located in the desirable Crown Heights section of Brooklyn. The ground floor features a fully operational restaurant with a lease in place, offering a 4% annual rent increase (Y.O.Y.)-perfect for steady income and investment growth. Above the commercial space are two spacious residential units: 1 Three-Bedroom, Two-Bathroom Apartment, 1 Four-Bedroom, Two-Bathroom Apartment, Both units are currently month-to-month, providing flexibility for investors or owner-occupants. The entire property has undergone interior renovations, offering peace of mind and long-term value. Tenants share in the water, sewer, and property tax expenses, reducing overhead for the owner. Enjoy natural gas heating and a prime Brooklyn location surrounded by shops, restaurants, and public transportation-making this an ideal live/work or investment property. Don't miss this exceptional opportunity to own a high-performing mixed-use building in one of Brooklyn's most sought-after neighborhoods!!!
Broker Details
Realty Direct (631) 392-4540
MLS ID: 78431 State License Number: 10311206367
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,200,000 |
| No. of Units: | 3 |
| Year Built: | 1901 |
| Opportunity Zone: | No |
| Price per unit: | $400,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 7 |
| Number of Bathrooms: | 5 |
ID: 3yd-MLSLINY-926570
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