Off-market deal on Fulton and Throop Street. Full gut renovation needed.

Mixed Use: Delivered vacant – Currently one commercial unit and three floor through
1800 SF Additional Air Rights
Asking Price: $2.2 Million
Renovation anticipated: $1 million range
Total Apartments after Renovation: 6 Units (Including a Penthouse unit) + Commercial Space
Projected income: $250,000
Projected Cap Rate: 5.5% Range
A/C line directly across street
New condo building across the street

Please contact for more information.