Here’s an interesting opportunity at the home of Miguel’s Locks at 74 4th Avenue in Boerum Hill. The $2.75 million mixed-use building is 2,940 square feet, but has the potential to be built out to 9,942 square feet. That’s either one heck of a mansion or one great income opportunity.
The three-story house measures by 20 x 48 feet and sits on a lot that is 20 x 84 feet. It has ground-level commercial space with two two-bedroom floor-through apartments above, which can be vacant at closing.
The spacious backyard is accessible from the basement, which houses the rec room. Above the 785 square-foot commercial space, both apartments share large kitchens and living/dining rooms. You’ll notice distressed exposed brick throughout at least one of the apartments. And both spaces have a lot of light thanks to oversized windows.
74 4th Avenue is close to the Barclays Center, shops, restaurants, health clubs and entertainment. And, of course, it lies within one of Brooklyn’s most stunning neighborhoods.
Photos courtesy of Corcoran Group
Neighborhoods : Boerum Hill