Entirely Free-Market Corner Mixed-Use Building | FOR SALE

144 Lewis Avenue, Brooklyn, NY

$2,750,000

Price

5%

Cap Rate

$137,435

NOI

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Street
Map
Overview
Cap Rate
5%
NOI
$137,435
Building Size
4,746 sqft
Lot Area
2,100 sqft
Units
6
Zoning
R6B
Floors
3
Highlights
  • Located on the southwest corner of Kosciuszko Street & Lewis Avenue
  • Three story corner mixed use building with four residential units over two commercial units
  • The property measures approximately 21’ x 100’ on the ground floor and 21’ x 63’ on the second & third floors.
  • Front retail is leased until April 2024, the rear retail is vacant with negotiations in progress. Both could be delivered vacant, ideal for a user or investor
  • Entirely Free Market & not subject to rent stabilization
  • Unit mix consists of two 2 bedrooms & two 1 bedrooms which have been recently renovated
  • Protected Tax Class 2A - limits property tax increases year over year
  • Easy access to transportation with the G train a short walk away at the Myrtle-Willoughby station & the B15 bus located on the same block as the property
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