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Key Details
Property Type Mixed Use, Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 979650
Rental Info No
Year Built 1908
Annual Tax Amount $27,970
Property Sub-Type Mixed Use
Source onekey2
Property Description
Calling All Investors, Developers, & End-Users!!! 100% Occupied 6 Unit Free Market Corner Building In Sunset Park For Sale!!! The Property Features Excellent Signage, Great Exposure, R6A Zoning, High 12' Ceilings, (5) 2 Br. Apartments, Skylight, Basement, Rear Yard, 200 Amp Power, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Brooklyn Just Blocks I-278 (Belt Pkwy.) & Only Minutes From The Verrazzano Bridge!!! The Property Has 22' Of Frontage On 6th Ave. + 82' On 52nd St.!!! Neighbors Include Starbucks, Toyota, Costco, NYU Langone, USPS, Wyndham Hotels, Sephora, Planet Fitness, Petco, CVS, Dunkin', McDonald's, MicroCenter, Popeye's Louisiana Kitchen, Pollo Campero, Subway, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!
Income:
Accountant: $36,600 Ann.; 2% Ann. Inc.; Lease Exp.: 12/1/28.
Apt. 1R (2 Br.): $19,200 Ann.; Lease Exp.: 8/1/26.
Apt. 2R (2 Br.): $20,400 Ann.; Lease Exp.: 8/1/26.
Apt. 2L (2 Br.): $25,200 Ann.; Lease Exp.: 12/1/26.
Apt. 3R (2 Br.): $20,640 Ann.; Lease Exp.: 9/1/26.
Apt. 3L (2 Br.): 21,300 Ann.; Lease Exp.: 9/1/26.
Gross Income: $143,340 Ann.
Expenses:
Oil: $7,000 Ann.
Electric: $720 Ann.
Water & Sewer: $4,203 Ann
Insurance: $3,826 Ann.
Snow & Landscape: $0 Ann.
Trash: $0 Ann.
Taxes: $27,970 Ann.
Total Expenses: $43,719 Ann.
Net Operating Income (NOI): $99,621 Ann.
Income:
Accountant: $36,600 Ann.; 2% Ann. Inc.; Lease Exp.: 12/1/28.
Apt. 1R (2 Br.): $19,200 Ann.; Lease Exp.: 8/1/26.
Apt. 2R (2 Br.): $20,400 Ann.; Lease Exp.: 8/1/26.
Apt. 2L (2 Br.): $25,200 Ann.; Lease Exp.: 12/1/26.
Apt. 3R (2 Br.): $20,640 Ann.; Lease Exp.: 9/1/26.
Apt. 3L (2 Br.): 21,300 Ann.; Lease Exp.: 9/1/26.
Gross Income: $143,340 Ann.
Expenses:
Oil: $7,000 Ann.
Electric: $720 Ann.
Water & Sewer: $4,203 Ann
Insurance: $3,826 Ann.
Snow & Landscape: $0 Ann.
Trash: $0 Ann.
Taxes: $27,970 Ann.
Total Expenses: $43,719 Ann.
Net Operating Income (NOI): $99,621 Ann.
Location
State NY
County Kings (brooklyn)
Rooms
Basement See Remarks
Interior
Heating Oil
Cooling Multi Units
Fireplace No
Exterior
Utilities Available Electricity Available, See Remarks
Total Parking Spaces 6
Building
Story 3
Sewer Public Sewer
Water Public
Structure Type Brick,Frame
Others
Special Listing Condition None
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Listed by All Island Estates Realty Corp • Richard Matt Shane
NEARBY SCHOOL & BUSINESS
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716