Turnkey Trophy Asset 7.5 Cap Fully Occupied Mixed-Use Gem
Introducing a rare opportunity to own a sleek 2-unit mixed-use condominium in a vibrant, high-density corridor that practically prints cash. Built just 11 years ago, this modern new construction property is as sharp as it is solid - offering investors a fully leased, income-generating machine with zero headaches and serious upside.
NOI 136,150 7.5 Cap Rate
1 Commercial Condo featuring 2 dynamic retail storefronts
1 Residential Condo comprised of 4 fully occupied rental apartments
Strong occupant mix with consistent cash flow and proven performance
Located in a high-traffic, transit-rich neighborhood - excellent for both residential living and commercial exposure
Surrounded by shopping, dining, and major transportation hubs, making it a resident and commuter favorite
This is the kind of turnkey investment that savvy buyers dream of - low maintenance, fully stabilized, and delivering immediate returns. Whether you're expanding your portfolio or entering the mixed-use space with confidence, this property checks every box.
Solid construction. Prime location. Sexy numbers.
Let's talk.
1,946.14 Sq Ft Exterior Space
Other
$24,360 Annual Tax
MLS/Listing ID 23422240
6 Units
Air Conditioning
Listing Courtesy of DOUGLAS ELLIMAN REAL ESTATE, BRUCE FRIEDBERG - 212-350-8500
Source of Data: REAL ESTATE BOARD OF NEW YORK
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
©2025 The Real Estate Board of New York, Inc., All rights reserved.