Primecare Drug & Residential

Explore the vibrant retail landscape surrounding the property in Brooklyn, NY. The area is home to the renowned Kings Plaza Shopping Center, a hub for retail enthusiasts. Nearby, Brooklyn College draws a steady flow of students and local residents, ensuring consistent foot traffic. This bustling, densely populated neighborhood offers prime opportunities for retail and street retail investment, making it an ideal location for your next retail venture.Harrison Properties Brokerage is please to exclusively offer for sale an exceptional investment opportunity in the vibrant Flatlands neighborhood of Brooklyn, New York. This 3,600 SF mixed-use retail and residential property offers stable, long-term cash flow with significant upside potential. The ground floor is occupied by Primecare Drug and Surgical Corp., a well-established pharmacy with a brand new 10-year lease with 3% annual rent bumps, providing immediate, reliable income and future rent growth. The second floor includes two residential apartments, adding to the building's revenue potential. Additionally, the property has a fully operational basement. The current owner has invested over $500,000 in extensive renovations, including fresh paint, flooring, modern wall trim, lighting, security system, a new roof, and overall general improvements. This property is surrounded by a mix of residential and commercial developments, providing steady demand and increasing long-term value. Don't miss this opportunity to own a well-maintained, income-generating property in one of Brooklyn's thriving communities.