1188 Gravesend Neck Road

Prime corner location on Gravesend Neck Road in the Sheepshead Bay/Homecrest neighborhood of Brooklyn. Mixed use corner brick property, fully occupied with great income. First floor restaurant, Sushi Mikasa established in 2011, the restaurant was recently renovated. The property has a full basement with 9' ceilings and back yard. There are approved DOB plans to expand the seating area for the restaurant in the lower level/basement(24 seats). Second floor 2 bedroom, 1.5 bathroom apartment currently occupied, great rental income. The apartment was recently renovated with new flooring in 2023. The building has a separate heating unit for each level. The boiler was replaced in 2021, roof was replaced in 2021 with a new silicone coating and in 2020 the building was brick pointed and power washed. Busy residential and commercial area, neighbors include the police department (61st Precinct), all the businesses along Coney Island Ave and Gravesend Neck Road, short walk to the Neck Rd Q train.