See all 24 photos
24 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$4,000,000
Est. payment /mo
8,250 SqFt
UPDATED:
01/10/2025 03:10 PM
Key Details
Property Type Mixed Use
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 8,250 sqft
Price per Sqft $484
MLS Listing ID 482274
Year Built 1910
Annual Tax Amount $54,683
Property Description
Brooklyn Rogers Avenue & Avenue D PRIME Investment well maintained 3 Story Corner SOLID BRICK Semi Attached FULLY VACANT 10 Family & 2 store -STABILIZED & VACANT! Full basement! Featuring Vacant SEVEN 1 bedroom and THREE 2 bedrooms with living room & EIK! 2 Vacant Store approx. 1,300 sq ft each! New gas boiler! Building size 26.83 ft x 102.5 ft built on footprint. Qualified for Opportunity Zone! Projected Conservatively Projected monthly rent One bed- $ 2,000 a month Two bed $ 2,300 & Each Store $ 3,000 - High traffic & exposure warp around signage & Projected Gross annual income $ 322,800.00 Projected Gross Annual Expense $ 29,325.00 NET Projected Annual income $ 29,3475 = 8% Projected CAP Rate R6 Zoning. Great upside potential for long term or savvy investor- or developers to convert to Full market Condominium (Condo selling for $ 845.00 per sq ft today) or rent out for Affordable Housing! Don't MISS out!! Sold As Is - Great Location- a few moments away from Train, Shopping, Restaurant, bus stop in front and more! High traffic and foot traffic!
Location
State NY
County Kings (brooklyn)
Area Flatbush
Zoning R6
Rooms
Basement Full
Interior
Interior Features Restrooms - Public, Window Display
Hot Water Other
Heating Gas
Flooring Carpeting, Hardwood, Other
Heat Source Gas
Exterior
Exterior Feature Brick
Roof Type Flat
Building
Story 3
Foundation Poured Concrete
Others
Energy Description Gas
Financing 1031 Exchange,Cash
Read Less Info
Listed by Brooklyn Real Property Inc.
GET MORE INFORMATION
Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716