Mixed Use Ocean Hill
Investment Highlights
Ocean Hill - Herkimer St Corner Mixed-Use Approx. 4,000 SF, 20×54, 3 floors + basement. (2) Full-floor residential units with open layouts (plumbing intact) Roof in good condition (passed inspection). Ground-floor commercial unit + commercial garage. Deli tenant in place 20+ years (MTM) paying $4,200/mo, willing to sign long-term lease at $5,000/mo. 2-min walk to A/C train; 10-min to Broadway Junction. Price reduced Asking: $1.35M, negotiable.
Location
📍 Ocean Hill
🔒 The exact address and location are confidential and are released only after you sign the NCNDA and the listing broker approves your request.
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Who finances deals like this
The lenders with the most recorded mixed use mortgages in Brooklyn since 2021, from public ACRIS filings.
- Emigrant Funding Corporation — 91 loans, typically $301K–$861K
- Velocity Commercial Capital, LLC — 85 loans, typically $413K–$875K
- Habib American Bank — 67 loans, typically $380K–$1M
- Connectone Bank — 72 loans, typically $310K–$900K
- Modern Bank, N.a. — 31 loans, typically $208K–$1M
Crezly connects borrowers and lenders. Crezly is not a loan broker, does not negotiate terms, and receives no compensation contingent on any loan closing.
Underwrite this deal
Pro-forma, debt sizing against real recorded NYC leverage, cash flow, IRR and a sensitivity grid. Free account — no card.
