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$2,480,000
Est. payment /mo
3,740 SqFt
UPDATED:
Key Details
Property Type Mixed Use
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,740 sqft
Price per Sqft $663
MLS Listing ID 498908
Year Built 1931
Annual Tax Amount $22,972
Property Sub-Type Mixed Use
Property Description
Mixed use two family and one store in Boro Park area. It is a solid brick building with three stories and a full basement. The store is 100% build which is 20 x 77. The store is paying $8,078 with 5% yearly increase, the rent includes 1/3 of water bill and gas bill of the building, plus $5000 yearly property tax. The second floor and the top floor are all three bedroom units, tenants have month by month lease. Projected income for those three bedroom unit is $3200. The existing gross yearly income of the building is $141,336, nets $98,857, great potential, minutes away from 8th Avenue business district, current cap is 4% which could be better. Very busy location, make a reasonable offer today before it's gone.
Location
State NY
County Kings (brooklyn)
Area Sunset Park
Zoning M1-1
Rooms
Basement Full
Interior
Interior Features Kitchen
Hot Water Gas
Heating Gas
Flooring Other
Heat Source Gas
Exterior
Exterior Feature Brick
Roof Type Flat
Handicap Access Unknown
Building
Story 3
Foundation Poured Concrete
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
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Listed by Exit Realty Professionals
NEARBY SCHOOL & BUSINESS
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716