92 Jefferson StBrooklyn, NY 11206

This exceptional mixed-use property at 92 Jefferson Street in Brooklyn, NY, presents a compelling investment opportunity. The three-story building, constructed in 1931, boasts a total of 4,575 square feet situated on a 2,152 square foot lot and is zoned R6. The building comprises six units: one studio/one-bathroom apartment with a private yard, and four two-bedroom/one-bathroom apartments. The ground floor houses a commercial space currently leased to a restaurant tenant (Formosa) under a long-term lease extending through 2033. The property's current Net Operating Income (NOI) is $181,348, yielding a 6.04% capitalization rate. A pro-forma NOI of $193,348 projects a 6.44% capitalization rate, indicating significant upside potential. The asking price is $3,000,000, translating to $500,000 per unit and $655.74 per square foot. Currently, the building enjoys an 83.33% occupancy rate. Its prime location in Bushwick, near the J, M, Z, and L train lines, provides easy access to Manhattan and other vibrant Brooklyn neighborhoods. This property offers a rare blend of stable income generation and future appreciation potential, making it an ideal addition to any investor's portfolio.