A rare investment opportunity in Brooklyn's East New York! Brand-new construction featuring 9 residential units and 1 retail commercial, offering an attractive 6.3% return and a 35-year property tax abatement.Excellent transit access, minutes from the J/Z trains at Van Siclen Avenue and A/C trains at Liberty Avenue. Convenient access to the LIRR East New York station.Modern building amenities include individual PTAC heating and cooling systems, providing convenient, independent climate control. Located in an evolving neighborhood with ongoing revitalization and long-term development potential.A turnkey, low-maintenance, income-producing asset with diversified rental income and significant tax advantages.
Listing By
Agency Name: S10 Realty Group LLC
Agency Contact: 646-286-0219
Shown By
Agent Name: Jagjit Singh
Agent Phone: (516) 315-1940
Agency Title: Coldwell Banker American Homes
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2738 Atlantic Ave | MLS# 1070151
This commercial property located at 2738 Atlantic Ave, Brooklyn, NY 11207 is currently listed for sale with an asking price of $6,499,000. Atlantic Ave is located within the Brooklyn 19 school district. Search Brooklyn real estate on www.jagjithomes.com today.