1901 Avenue M, Brooklyn, NY 11230

Investment Opportunity: Prime Comer Mixed-Use Property 1901 Avenue M, Brooklyn, NY Asking Price: $3,500,000 Available for the first time in 50 years, this prime corner property offers significant upside potential in a high-demand Brooklyn location near shopping and public transportation. Property Breakdown - Residential (4 Units): Two 3-bedroom and two 1-bedroom units. Current monthly rents: $1,750, $1,220, $1,980, and$1,400.- Commercial (4 Tenants): Includes a corner pharmacy anchor ($7, 100/mo), alteration store ($1,525/mo), retail store ($420/mo), and a locksmith (provides building maintenance in lieu of rent). Financial Summary - Total Monthly Income: $15,395 - Total Annual Income: $184,740 Annual Expenses: $90,015 (Includes $56,550 Taxes, $14,965 Insurance, $6,500 Water/Sewer, and $12,000 Gas with a new boiler - Net Operating Income (NOI): $94,725 Investment Highlights Excellent visibility on a prime corner. Stable commercial tenants with a long-term pharmacy anchor. Strong existing income with rents currently below market value. Ideal for investors looking to maximize value through strategic rent increases.

Prime corner location featuring four stores and four apartments. This property is close to shopping and transportation, offering an excellent investment opportunity.