Renovated 5-family mixed use building for sale. Income producing & fully leased- this will not be delivered vacant. High traffic block on Webster Ave.
This turn-key investment features 5 free-market units- three 2-bedroom units and two 1-bedroom units, each outfitted with premium finishes including refinished hardwood floors, 42-inch kitchen cabinets, granite countertops, tiled backsplashes, stainless steel appliances, and luxurious glass and porcelain tiled bathrooms.
The electric-gated storefront, complete with two bathrooms, offers flexible configuration options, allowing it to function as either one or two separate commercial spaces. Currently leased to a thriving business center, this space guarantees immediate income.
The building features a basement with ample work and storage areas, plus a separate finished space that opens to a private fenced-in backyard—an ideal feature for tenants and a value-add for rental pricing.
With brand-new plumbing and electrical systems, this property is a hassle-free investment poised for strong returns. Seize this turn-key opportunity before it's gone!
Listed by Geoffrey Evan Weiss
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License #10401317555
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Compass
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(954) 816-7333
Listed by Aaron Kass Kass
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License #10401290840
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Compass
Last updated August 12, 2025
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Source: REBNY #RLS11009461
Listing Facts
TypeSingle-family
NeighborhoodNorwood
Bedrooms8
Bathrooms5
Days on Prevu355
Taxes$12,276/year
Size4,350 sqft
Price per sqft$367
Location
Mortgage Calculator
Listing History
08/06/2025
Status changed to Active
$1,595,000
07/30/2025
Status changed to Removed from Feed
$1,595,000
03/28/2025
Status changed to Active
$1,595,000
03/28/2025
Price Decreased
$1,595,000
03/07/2025
Status changed to Removed from Feed
$1,800,000
01/17/2025
Status changed to Active
$1,800,000
01/16/2025
Status changed to Removed from Feed
$1,800,000
09/16/2024
Listed by Compass
$1,800,000
Estimated Closing Costs
Total
$57,191
Attorney Fees
$4,000
NYC Mansion Tax
$15,950
Title Insurance
$7,178
Bank Attorney
$1,500
Mortgage Recording Tax
$24,563
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $1,595,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.