Welcome to 1501 W 47th Street - Mixed Use Building located in up and coming New City! Prime corner location on 47th Street & Laflin Avenue. A versatile mixed-use gem, it seamlessly blends the best of commercial and residential living, making it an enticing prospect for an entrepreneur/occupant. The property's charm is evident from the outset, with a spacious storefront that stands ready to accommodate an array of business ventures. Positioned strategically at a corner, it enjoys a high-visibility presence, drawing attention from the steady stream of passersby. Moving beyond the commercial aspect, the true essence of this property comes to life in the MASSIVE apartment at the rear - it's like a single-family home, boasting a bit over 1, 600 square feet of living space. With three generously sized bedrooms and two full bathrooms, it offers an unparalleled haven of comfort. The separate kitchen, formal living room, family room, and huge dining room exude an air of sophistication and cater to various lifestyle needs. Descend to the basement, and you'll find a space brimming with potential. While currently unfinished, its impressive size and well-maintained condition present a blank canvas for creative transformation. What sets this property apart is its rich history and cherished ownership. With over two decades of family run business, it has been thoughtfully and lovingly maintained. Now, it stands ready to welcome a new chapter, offering the perfect opportunity to continue its legacy while creating something uniquely yours. TIF funding area and special financing options available. New condo development in progress nearby!
