1301 70th St 14 Unit Apartment Building $2,488,888 ($177,778/Unit) 5% Cap Rate Brooklyn, NY 11228

Exceptional Mixed-Use Investment Opportunity in Prime Dyker Heights
We are proud to present a rare and highly lucrative 14-unit mixed-use property for sale in the heart of Dyker Heights, Brooklyn. Located in one of the borough's most sought-after and high-demand neighborhoods, this well-maintained building offers a diversified and stable income stream for the savvy investor.
Building Highlights:
14 Total Units: The property consists of 12 residential apartments and two valuable street-level commercial storefronts.
Diverse Residential Mix: The residential component includes a variety of layouts to attract a wide range of tenants. The unit breakdown is:
Two studios
Nine one-bedroom apartments
One spacious two-bedroom apartment
Valuable Commercial Space: The two retail storefronts provide an excellent anchor for the building's income and cater to the bustling local economy and pedestrian traffic.
Fully Finished Basement: for added value, the fully finished basement includes an office space, offering the potential for additional revenue or a dedicated management area.
Prime Dyker Heights Location:
This property is situated in an area known for its beautiful, tree-lined streets and strong community feel. The neighborhood features:
Excellent Commuter Access: Residents have convenient access to public transportation, including the nearby D, N, W, and R subway lines, and multiple bus routes for easy travel to other parts of Brooklyn and Manhattan.
Strong Local Amenities: The building is close to a vibrant mix of mom-and-pop shops, Italian delis and markets, cafes, and a variety of dining options, offering a high quality of life for residents.
Recreational Opportunities: Dyker Beach Park, McKinley Park, and Shore Park are all easily accessible, providing ample green space and recreational facilities.