Presenting a prime mixed-use opportunity in a vibrant location! This corner building, ideally situated on North Strand Avenue, boasts a thriving meat market, "The Meat Place," in a spacious 3,900 sq ft storefront with a secure 10-year lease at $16,000 per month. The property features six apartments - four one-bedroom and two three-bedroom units. Currently earning $8,700 per month from four rented apartments, the potential monthly income rises to $14,400 when fully leased.

Located in a bustling area with ample foot traffic and surrounded by businesses, this property offers a strategic advantage. Enjoy the benefits of a popular spot right off the subway. Unlock the full potential with an estimated total monthly income of $32,800, including $16,000 from the bustling Meat Place and $16,800 from fully leasing all apartments at market value.

Additionally, the storefront business, "The Meat Place," is owned by the property owner. Upon the new buyer's purchase of the property, they have the option to rent the storefront to the current owner for $16,000 per month. Should the new buyer be interested in purchasing the business itself with the property, this is a separate discussion that can be explored further. Contact our agent for comprehensive details and discussions about both property and business acquisition opportunities.

Here's the breakdown of the current and potential rental income for the individual units:

1. Three-bedroom apartment (1st): Currently rented for $3,000 per month, with the potential to reach $3,800 per month.

2. Three-bedroom apartment (2nd): Currently vacant, previously rented for $3,000 per month, with the potential to reach $3,800 per month.

3. One-bedroom apartment (3rd): Currently rented for $1,900 per month, with the potential to reach $2,300 per month.

4. One-bedroom apartment (2nd): Currently rented for $1,900 per month, with the potential to reach $2,300 per month.

5. One-bedroom apartment (5th): Currently rented for $1,900 per month, with the potential to reach $2,300 per month.

6. One-bedroom apartment (4th): Currently vacant, previously rented for $1,900 per month, with the potential to reach $2,300 per month.

These details highlight the current and future earning potential of each unit within this prime mixed-use property. For more information, contact our agent.