Courtesy of: Megan Walsh, REALTY COLLECTIVE LLC, megan@realtycollective.com
Courtesy of: Megan Walsh, REALTY COLLECTIVE LLC, megan@realtycollective.com
$2,500,000
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12 bed
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6.00 Bath (6 Full)
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Other
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$2,500,000
321 East 2nd Street Handsome, diversified, fully-occupied, cash-flowing, mixed use building for sale on a bustling corner of Kensington, Brooklyn. Anchor tenant is a national chain that has been renting for almost 20 years and pays a substantial portion of utilities. 321 E 2nd St (aka 329 E. 2nd St) contains 6 rent-stabilized residential units (all 2BR/1BA) and 4 commercial units across 7, 560 square feet of space.. Located one block from the Church Ave F/G, its reliable long-standing tenants enjoy access to countless retailers and amenities along Church Ave. There is room for growth on the commercial rents, especially with cosmetic improvements, affording a projected cap rate of 6% at asking price. Asking price $2, 500, 000 ($250, 000 per unit). Seller is open to reasonable offers.
Courtesy of: Megan Walsh, REALTY COLLECTIVE LLC, megan@realtycollective.com
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