Commercial Sale in Brooklyn, New York, Brooklyn, NY 11208 | Web ID: PH609707 | $2,474,000

 
Property Description

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!!! )

Property Information
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
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