3101 Church AveBrooklyn, NY 11226

For Sale
$5,000,000

High-yield investment, East Flatbush location.

Overview

Added:
Feb 3
Days on market:
39
This exceptional investment opportunity presents a mixed-use building situated at 3101 Church Avenue in the vibrant East Flatbush neighborhood of Brooklyn, New York. The property encompasses 3,650 square feet on a 0.04-acre lot and features a total of seven units: five commercial storefronts and two residential units. Currently generating a substantial gross monthly rental income of $30,000, this property offers significant potential for strong returns. One of the residential units is owner-occupied. The asking price for this lucrative investment is $5,000,000. The seller is offering attractive financing terms, including the possibility of seller financing with a minimum 50% down payment. This presents a unique chance to acquire a well-performing multifamily property in a rapidly developing area of Brooklyn. The building's diverse mix of commercial and residential units provides a stable and diversified income stream, making it an ideal investment for both seasoned and emerging real estate investors. The property's location in East Flatbush offers convenient access to public transportation, local amenities, and a growing population. This is a rare opportunity to acquire a high-performing asset with significant upside potential. Serious inquiries only.

Property Details for 3101 Church Ave

Property type
Other commercial real estate
Square Feet
3,650 SF
Year Built
1930
Lot Size (sq. ft)
1,742 SF

Location Insight

City
Brooklyn
County
Kings (Brooklyn)
State
New York
Latitude
40.65098
Longitude
-73.94842
3101 Church Ave, Brooklyn, New York

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3101 Church Ave
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