Calling all investors, developers & end-users!!! 100% occupied free market building package in brooklyn for sale!!! The buildings feature excellent signage, great exposure, 2 stores, 6 parking spaces, high 10' ceilings, strong r5 zoning, (4) 2 br. Apts. , (2) 1 br. Apts. , (1) 3 br. Apt. , basements, led lighting, 200 amp, power, a/c, +++!!! The properties are located in the heart of brooklyn 1 block off linden blvd. (rt. 27)!!! Neighbors include the home depot, stop & shop, shoprite, cubesmart self storage, l. A. Fitness, sunoco, dollar tree, wendy's, subway, +++!!! These properties offer huge upside potential!!! This could be your next development site or the next home for your business!!! Income: 989 hegeman avenue: laundromat: $48, 000 ann. Grocery store: (600 sqft. ): $30, 000 ann. ; lease exp. : 5/1/29; $600 ann. Inc. Unit 2r (2 br. , 1 bath): $21, 600 ann. M-m. Unit 2l (2 br. , 1 bath): $21, 600 ann. M-m. Unit 3r (2 br. , 1 bath): $21, 600 ann. M-m. Unit 3l (2 br. , 1 bath): $21, 600 ann. M-m. Gross rent: $164, 400 ann. 482 atkins avenue: unit 1 (3 br. , 1 bath): $39, 600 ann. M-m. Unit 2r (1 br. , 1 bath): $18, 00 ann. M-m. Unit 2f (1 br. , 1 bath): $18, 000 ann. M-m. Ll: $22, 000 ann. (available) gross rent: $87, 600 ann. Expenses: gas: $5, 380 ann. Electric: $1, 500 ann. (hallway + basement only) maintenance & repairs: $500 ann. Insurance: $7, 679 ann. Water & sewer: $2, 863 ann. (excluding laundromat) trash: $0 ann. Taxes: $20, 892. 72 ann. Total expenses: $38, 814. 72 ann. Total gross income: $252, 000 ann. Net operating income (noi): $213, 185. 28 ann. (8. 44 cap!!! )
Location/Town | New York |
Area/County | Brooklyn |
Post Office/Postal City | Brooklyn |
Prop. Type | Commercial Sale |
Tax | $20,893.00 |
# Stories | 3 |
Year Built | 1925 |
Total Units | 9 |
Lot Size | 20x90 |
Lot SqFt | 3,800 |
Days On Market | 138 |
Tax Lot | 40 |
Units | 9 |
Listing information courtesy of: All Island Estates Realty Corp |