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2,000 sqft

$1,690,000

6903 8th Avenue, Brooklyn NY, 11228

Price per sqft$845.00
Built in1928
Property size2,000 sqft
Property typeMulti-family

Overview

Active

Listed Sep 16, 2026

Updated 2 weeks ago

Excellent Investment Opportunity on Prime 8th Avenue! This attached mixed-use 1-family property offers stable cash flow and long-term leases, making it an attractive investment opportunity. The property features a 20' × 50' building on a 20' × 60' lot with annual property taxes of $7,448. The 1st floor and finished basement are currently leased to an established hair salon at $2,300/month, with the lease secured through 2029. The commercial tenant is responsible for its own utilities, including water, electricity, gas, and heating, and also pays 30% of the property taxes. The 2nd-floor residential apartment features 3 bedrooms and 1 full bathroom and will be delivered vacant, providing flexibility for an owner-user or an investor looking to establish their own rental income. The property currently generates $2,300/month in rental income from the commercial space, or $27,600 in annual gross rental income, while the vacant 2nd floor offers additional income potential. A compelling opportunity for investors seeking dependable rental income and long-term occupancy in a prime 8th Avenue location.

$11,244/mo

Est. mortgage payment based on a $1,690,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
504515

Interior Features

Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.03 Acres

Other Property Details

Taxes
$7,448
Tax Frequency
Annually

Listed by Emily Hui Chen-Liang with Tiger Realty
Listing Contact: 9177089966 

Based on information from Brooklyn Board of REALTORS®. Data last updated 9/23/2026. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Denise DeLeo shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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