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 minutes 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 Victory 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
1
Last Updated
Property Type
Single Family
Square Ft.
1,672
Lot Size
0.04 Acres
Year Built
1931
MLS Number
2600174
30 Days Snapshot Of 10301
$968k
+18%
(avg) sold price
12
+33%
homes sold
224
+11%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1931, Building area total: 1,672, Leasable area: 1672, 1 building, 2 total stories, Construction materials: "Other"
Cooling
"Units"
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"
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