Business Opportunity in Crown Heights, Brooklyn, NY 11213 | Web ID: PH541704 | $2,250,000

Calling all investors, developers, & end-users!!! Brand new 100% occupied 3 unit free market apartment building in crown heights for sale!!! The property features excellent signage, great exposure, strong r6/c1-3 zoning, 6 parking spaces, high 8' ceilings, separate meters, gated yard, low property taxes, motion sensor lights, all new led lighting, 200 amp power, a/c, +++!!! The property is located in the heart of crown heights 2 blocks from eastern parkway!!! The property was fully renovated in 2023!!! The property is situated minutes from the barclays center, brooklyn children's museum & the prospect park zoo!!! Neighbors include usps, ups, the home depot, dunkin', cubesmart self storage, walgreens, autozone, bank of america, planet fitness, blink fitness, gamestop, baskin-robbins, mobil, mcdonald's, mavis discount tire, family dollar, wendy's, white castle, ihop, kfc, +++!!! This property offers huge upside potential!!! This could be your next development site or the next home for your business!!! Income: unit 1 (3br. Apt. ): $38, 400 ann. Lease exp. : 9/1/24. Unit 2 (2 br. Apt. ): $30, 000 ann. Lease exp. : 7/1/24. Unit 3 (2 br. Apt. ): $30, 000 ann. Lease exp. : 7/1/24. Gross income: $98, 400 ann. Expenses: gas: $0 (electric only) electric: $360 ann. (hallway only) water + sewer: $1, 250 ann. Insurance: $2, 500 ann. Taxes: $3, 841. 68 ann. Total expenses: $7, 951. 68 ann. Net operating income (noi): $90, 448. 32 ann. , or