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29483230

225 Rockaway Ave, Brooklyn, NY 11233 For Sale

REALTY DIRECT NY INC
Listed by REALTY DIRECT NY INC
$1,200,000
273 days on market
Updated 28 days ago
Opportunity zone

225 Rockaway Ave

Details
Property Type Mixed Use
Year Built 1901

Mixed Use | 0 SqFt

Marketing 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!
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REALTY DIRECT NY INC
Listed by REALTY DIRECT NY INC

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