1890 W 6th Street

Brooklyn, NY 11223

$1,785,000
  • 0.06 Acre

1890 W 6th Street
Brooklyn, NY 11223

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Brooklyn / NY

Mixed Use HIGHLIGHTS

  • Property Type

    Commercial Sale, Mixed Use

  • Year Built

    1931

  • Cooling

    Yes - Wall/Window Unit(s)

  • Heating

    Yes - Natural Gas

  • RE Tax

    $29,332

Listing courtesy of Sal J. Crifasi of Crifasi Real Estate Inc.

This fully occupied, well-maintained brick mixed-use building in the heart of vibrant Gravesend, Brooklyn, offers an exceptional investment opportunity. Spanning approximately 3,900 square feet across two floors on a 25ft x 100ft lot, this 1931-built property (zoned R5B) features four retail units on the ground floor, including a deli with basement access, and two spacious residential apartments on the second floor (one 3-bedroom, one 2-bedroom, each approximately 975 sq ft). The building generates strong income with a current gross annual income of $131,760 and a projected gross of $149,760 after recommended rent adjustments, yielding a current NOI of $85,542 and a projected NOI of $92,977.18 (based on expenses of $56,782.82, including taxes, utilities, and insurance). Its robust brick construction ensures low maintenance, making it a turnkey asset for investors. Ideally situated near the Avenue U subway station (N and W lines, rated 4.0 with 37 reviews), the property offers excellent accessibility to Manhattan and beyond. Gravesend’s charm shines through with proximity to iconic destinations like L&B Spumoni Gardens, renowned for its square Sicilian pizza and spumoni, as well as Coney Island’s famous boardwalk, amusement parks, and the New York Aquarium, all just a short distance away. This property combines steady cash flow, growth potential, and a prime location in a sought-after Brooklyn neighborhood.
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  • Acres

    0.0574 Acres

  • City Region

    Brooklyn

  • Lot Size

    2,500 Sqft

  • MLS #

    858279

  • Property Type

    Mixed Use

  • Year Built

    1931

  • Building Area Total

    4500

  • Construction Materials

    Brick

  • Number of Buildings

    1

  • Property Attached

    Yes

  • Total Number of Units

    6

  • Year Built

    1931

  • Lot Features

    Corner Lot

  • Annual Taxes

    $29,332

  • Basement

    Finished, Full, Storage Space

  • Cooling

    Yes - Wall/Window Unit(s)

  • Heating

    Yes - Natural Gas

  • Business Type

    Mixed

  • Cross Street

    Avenue S

  • Sewer

    Public Sewer

  • Utilities

    Natural Gas Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Available, Water Connected

  • Water Source

    Public

in US Dollars

%

Total/Month

  • Principal & Interest
  • Property Taxes (monthly) $2,444

 *The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.

1890 W 6th Street

Location

Nearby Transit

  • N Q W

    at Kings Hwy

    0.2 miles
  • N Q W

    at Avenue U

    0.26 miles

Data courtesy of LocalLogic.co

Gravesend
Neighborhood

Gravesend

Gravesend is a residential neighborhood in south-central Brooklyn with a long history dating to one of the earliest European settlements in the borough. The area features a mix of housing types, including detached and semi-detached...

1890 W 6th Street

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