Mixed Use For Sale
5.25% CAP RATE TURNKEY MIXED- USEFIRST OPEN HOUSE JUNE 24, 2018 1pm-2pmWelcome to 236 Malcolm X Blvd- a mixed use building located in the Stuyvesant Heights section of Bedford-Stuyvesant. This turnkey rustic style building is comprised of four free market apartments and a retail space. The building is fully tenanted- all tenants are paying market rate. One of the 3BR 1BA apts will be delivered vacant.(2) 3BR 1BA apts and (2) studio apts. This building could work for investors or owner operators.The retail space is occupied by a well known Brooklyn restaurateur with great pedigree. The retail tenant is on a 10 year lease and pays their own utilities.The building was renovated a year ago and requires no additional maintenance. The roof, electric, plumbing were all updated a year ago as well.The A/C train at Utica Av and J/Z train at Gates Av are 9 minutes away.Malcolm X Blvd has become the premier go to place for everything that Bedford-Stuyvesant embodies now is a great time to buy in.Setup sheet available upon request.