

9110 Avenue L
Mixed Use | 6.85% CAP
Marketing description
9110 Avenue L is a lucrative investment opportunity in Brooklyn's vibrant Canarsie neighborhood. This fully-occupied mixed-use property boasts two residential units above a thriving retail space, generating a robust income of $105,600 annually. With a net operating income of $75,363 and low expenses, this asset offers steady cash flow for savvy investors. The stable occupancy and strategic location attract a diverse renter base, ensuring long-term revenue growth. Situated in a community renowned for its amenities and strong housing demand, residents enjoy easy access to essential services and public transportation, linking them to Downtown Brooklyn and Manhattan. Priced at $1,100,000 with a 6.85% cap rate, this property stands out as a reliable yield-driven asset in a sought-after Brooklyn market. Don't miss the opportunity to own 9110 Avenue L and capitalize on its income potential and prime location.
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