A Prime Mixed-Use Investment Opportunity in business areas Victory Blvd Excellent location! This one-story, one-family, mixed-use building is situated in the highly desirable Brighton Heights neighborhood, just steps from the subway station and a busy, high-traffic street.This property is available as a package deal plus next empty lot ( 80… Read More Vitory Blvd) , offering a mixed-use building plus an additional empty lot, providing incredible development potential. Building Size: 22' x 75', Zoning: R5 (Potential for expansion or new development)First Floor: Fully operational restaurant tenant, lease active until February 2026. Tenant pays their own water and utilities. Second Floor: Spacious six bedrooms with one and half bathroom apartments , the restaurant Current Rent: 3,000/monthly(lease ends 2/2026), Tenant pays own utilities, second floor current rent:2050/monthly ( lease ends 8/2025), Expenses:Insurance: ~5,000 annually, water bill 120/ monthly (only for apartment) Tenants pay all utilities separately ,Separate heating & hot water), The adjacent empty lot (24' x 75') is included in this package deal.Zoned R5, allowing the potential to build up to three additional floors for another mixed-use building.Prime location near subway & major bridge, Busy commercial area with strong foot traffic, Income-generating property with future development potential, Turnkey restaurant tenant & stable residential rental income, This is a rare investment opportunity with excellent cash flow and long-term upside. Contact me today for more details or to schedule a private showing! Read Less
Courtesy of Re/Max Edge.
Listing Snapshot
Days Online
139
Last Updated
Property Type
Single Family
Square Ft.
2,486
Lot Size
0.04 Acres
Year Built
1931
MLS Number
2500740
30 Days Snapshot Of 10301
$842k
+8%
(avg) sold price
14
-6%
homes sold
153
-5%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1931, Building area total: 2,486, Leasable area: 2486, 1 building, 2 total stories, Construction materials: "Other"
Heating
"Natural Gas", "Other"
Lot
0.04 acres, 1,874 square feet, Area: 1,874
Property
Zoning: C2-1
Sewer
"City"
Taxes
Tax annual amount: $4,580
Utilities
Electric: "110"
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
