Property Description
Calling all investors, developers & end-users!!! 7, 200 sqft. Warehouse with r5 zoning situated on a 10, 250+ sqft. Corner lot for sale!!! The building features excellent signage, great exposure, strong r5 zoning, high 16' ceilings, 23 parking spaces, private gated parking lot, 3 phase power, sprinklers, accessible parking & bathrooms, 3 drive-in doors, security system, all new led lighting, cac, +++!!! The building has a public assembly permit & is currently home to a house of worship!!! Neighbors include starbucks, ford, volkswagen, mitsubishi, chase bank, u-haul, public storage, target, staples, optimum, autozone, cvs, 7-eleven, dunkin', pathmark, key food, petsmart, amoco, bp, planet fitness, enterprise rent-a-car, taco bell, mcdonald's, subway, wendy's, dollar tree, ihop, kfc, +++!!! The property is located in the heart of brooklyn between kings hwy. & flatlands ave. Minutes from canarsie park!!! The entire property can be delivered vacant if need be. This property offers huge upside potential!!! This could be your next development site / or home for your business!!! Income: warehouse(7, 200 sqft. ): $320, 000 ann. Nnn. (available) pro forma gross income: $320, 000 ann. Expenses: gas: $0 electric: $0 insurance: $3, 283 ann. Maintenance/ repairs: $0 ann. Taxes: $45, 301 ann. Water: $0 ann. Total expenses: $48, 584 ann. Gross income: $320, 000 ann. Net operating income (noi): $271, 416 ann. (pro forma 7. 87 cap!!! ) , or
Property Information
| Location/Town | Sunset Park |
| Area/County | Brooklyn |
| Prop. Type | Commercial Sale |
| Tax | $15,124.00 |
| # Stories | 4 |
| Year Built | 1926 |
| Total Units | 8 |
| Lot Size | 20x80 |
| Lot SqFt | 1,600 |
| Zoning | M-1-2D |
| Tax Lot | 38 |
| Units | 8 |
| Listing information courtesy of: All Island Estates Realty Corp | |
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