156 Ave U

HIGH PROFIT Mix-Use Corner Property with 4 stores, 2 apartments, and a Garage, in highly desirable Gravesend. This RARE INVESTMENT property produces *OVER $164,280 yearly rental income; *OVER $128,743 NET INCOME* *OVER 5.5% CAP (projected 6%) * *10%+ annual gain with appreciation.* The building is 20× 105(residential 1365 sq ft; commercial 2100 sq ft) on a lot 20× 115. First floor - 4 Stores: Deli, Barber Shop, Flower Shop, Office and Garage. Second floor: 2 two-bedroom apartments. Store basement: Full semi-finished. Built in 1931; Zoned R5. Property tax $20,543. VERY busy corner - Right next to N train station and B3 Bus Stop. This highly sought-after property is close to many schools, parks, restaurants, cafes, supermarkets, stores, shops, and more. 2025 UPGRADES: *tested LEAD-FREE!* *New store floor and subfloor* *Brick Repointed* *ROOF waterproofed & Flashed* *Apartments painted* *New apartment floor*