Type:
Mixed Use
Sq Ft:
4,180
Units:
Property Description
Investment Property Realty Group (IPRG) has been exclusively retained to sell 976 Sutter Avenue. The subject property is located on the corner of Sutter Ave & Elton St in East New York, Brooklyn.
The property is a free-market corner mixed-use asset with 5 residential units and 1 commercial unit. All residential units are currently 2 BR layouts and are leased to program tenants at an average rent of $2,358 per month.
The retail unit is currently vacant offering end-user potential to operate a business and benefit from the income to help support financing.
This property is perfect for end-users and yield driven investors looking to purchase a free-market corner asset in a protected tax class with strong in-place cash flow.
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Block & Lot:
04050-0016
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Neighborhood:
East New York
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Cross Streets:
Corner Of Sutter Ave & Elton St
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Building Dimensions:
20 ft x 67 ft
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Lot Dimensions:
20 ft x 75 ft
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Units:
6
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Total Approx. SF:
4,180
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Zoning:
R5, C2-3
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FAR:
1.25
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Tax Class:
2A
