Available for auction on 86RemsenSt.com. Bidding starts 3/12, auction starts to close 4/2 @ 10am EST. Open house dates 3/22 & 3/23 1-4pm EST. Property Highlights: Total Square Footage: 4,532 sq. ft. (excluding basement/garage) Construction: Steel and brick (built in 1958) Zoning: Mixed-use No Open Permits or Violations Garage Access: Easement for rear garage entry Rental Breakdown: 1st Floor (Commercial Space) – Vacant Previously rented at $2,000/month (as of October 2024) Landlord would have also received 3% of net proceeds 2nd Floor (Leased Residential Unit) Current Rent: $1,795/month Lease Expiration: November 2025 Security Deposit Held: $1,795 Recent Renovations: Fully updated with granite countertops, faux brick accent wall, and new appliances (Whirlpool microwave, GE stove/oven, Frigidaire dishwasher, and refrigerator) 3rd Floor (Short-Term Rental – Managed by Evolve Vacations) Average Monthly Rent (2024): $2,674 Management Fee: 10% (higher return if self-managed) Due for a Rental Rate Increase Recent Renovations: Fully renovated in 2022 with a modern kitchen, upgraded bathrooms, and high-end stainless appliances (GE French Door fridge, GE double-decker oven, GE Profile dishwasher, and Viking stovetop range) Turnkey Option Available: Seller will consider selling all furnishings for an additional $25,000, including couches, beds, décor, tables, and chairs. Building Improvements & Features: ? New Windows (2022) ? Exterior Repainted to meet Historic District regulations ? Main Staircase Completely Redone (2022) ? Imported Doors (2nd & 3rd Floor) from Ukraine ? Roof Recoated (2024) with aluminum coating ? City-Approved for Rental Use (2nd & 3rd floors inspected) 1st Floor Details: Previously used as an ice cream parlor 1 Full Bath 3-Bay Sink Hardwood Floors (some sections covered with adhesive tiles) This is an income-generating property with long-term and short-term rental potential. Whether you’re an investor looking for stable cash flow or a buyer seeking a mixed-use opportunity, 86 Remsen St offers significant value in a prime location.