355 New Lot Avenue Brooklyn, NY 11207
Great Lucrative Investment Opportunity in Brooklyn, NY! This Mixed-Use property includes a well-established laundromat business on the first floor and a residential apartment building with four units on the 2nd & 3rd floors. The property offers a 13% CAP RATE with an absentee owner. The rental income from 2nd & 3rd floor is $7, 000 monthly. The laundromat has 29 washers, 32 dryers, and generates a Gross Revenue of $456, 000/year. The building size includes a basement, first floor (Laundromat), second floor, and third floor. With approximately 4142 Sqft, the property is located in the dynamic commercial hub of Brooklyn. Basement: 20.50 x 55 First Floor (Laundromat): 20.50 x 92.33 Second Floor: 20.50 x 55 Third Floor: 20.50 x 55
- Property TypeOther
- NeighborhoodN/A
- CountyKings (Brooklyn)
- Taxes$11,108
- HOA/Condo/Coop Fees$0
- Days on Site39 Days
- MLS StatusActive
- MLS ID Number482197
- Home Size Source N/A
- Year Built1930
- Lot Size Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Brick
- Basement FinishedFull
- Number of Stories 3
- Cross Street Pennsylvania Ave
- Property Sub Type Mixed Use
- Foundation Block
- Zoning R6, C1-3
Interior Features
- Heating Hot WaterGas
- Flooring HardwoodTile
- Interior None
- Fireplace No
Exterior Features
- Roof Flat
- Exterior None