Listed by SERHANT
$4,000,000
1983 64th St
Details
Property Type Multifamily, Mixed Use
Sub Type Apartment Building
Square Footage 10,000
Units 13
Cap Rate 7.00%
NOI $300,000
Occupancy 95%
Price per SqFt $400
Class B
Year Built 1930
Investment Type Value Add
Ground Lease No
13-Unit High-Income Mixed-Use | 4 Retail Stores + Strong Cash Flow | Prime Bensonhurst Corner
Marketing description
Mixed-Use Investment Opportunity – 9 Apartments + 4 Commercial Stores | Bensonhurst, Brooklyn Rare opportunity to acquire a 10,000 square foot mixed-use commercial property located in the heart of Bensonhurst, Brooklyn. The building features 9 residential apartments above 4 ground-floor commercial storefronts, offering multiple income streams in a high-demand neighborhood.
The commercial units benefit from excellent street exposure, strong foot traffic, and visibility along a busy corridor, making them ideal for retail, office, or service-oriented businesses. The residential apartments are well-proportioned and positioned to attract long-term tenants in a densely populated area.
Conveniently located near public transportation, major roadways, shopping, dining, and community amenities. This property presents a compelling opportunity for investors seeking steady cash flow, upside potential, and long-term appreciation in one of Brooklyn’s most established markets.
Ideal for both seasoned investors and those looking to expand their mixed-use portfolio.
Investment highlights
• 13 Total Units (9 Residential + 4 Commercial Storefronts)
• Strong In-Place Cash Flow with Upside Potential
• Prime Corner Location with Excellent Street Exposure
• High Foot Traffic Retail Corridor in Bensonhurst
• Diverse Income Streams (Residential + Retail)
• Well-Maintained Building with Stable Tenancy
• Approx. 10,000 SF Mixed-Use Property
• Value-Add Opportunity Through Rent Increases / Lease Optimization
• Ideal for 1031 Exchange or Long-Term Hold Investor
• Close to Public Transportation, Shopping & Dining
CALL FOR SHOWING! Please have proof of funds ready
Listing Contacts
Listed by SERHANT
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$300,000.00
$25,000.00/mo
Valuation Metrics
0
DSCR
7.5%
Cap Rate
7.5%
ROI
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