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$2,888,000
Est. payment /mo
2,448 Sqft Lot
UPDATED:
Key Details
Property Type Other Types
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Clinton Hill
MLS Listing ID 1021663
Rental Info No
Year Built 2002
Annual Tax Amount $16,355
Lot Size 2,448 Sqft
Acres 0.0562
Property Sub-Type Multi Family
Source onekey2
Property Description
Calling All Investors, Developers, & End-Users!!! 100% Occupied 3 Unit Free Market Apartment Building In Clinton Hill For Sale!!! The Property Features Excellent Signage, Great Exposure, R6B Zoning, High 9' Ceilings, (3) 3 Br. Apartments, Private Gated Driveway, Rear Yard, 6 Parking Spaces, Sprinklers, 200 Amp Power, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Brooklyn Near I-278 (Belt Pkwy.), Atlantic Terminal, & The Barclays Center!!! The Property Is Situated Between Atlantic Ave. & Nostrand Ave.!!! Neighbors Include NYU Langone, Atlantic Center Mall, USPS, CubeSmart Self Storage, Stop & Shop, Planet Fitness, Ridgewood Savings Bank, AutoZone, Marshalls, Dave & Busters, Shell, Meineke Car Care Center, Family Dollar, McDonald's, Chick-fil-A, Wonder, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!
Income:
Apt. 1 (3 Br., 2 Bath): $57,600 Ann.; Lease Exp.: 5/1/27.
Apt. 2 (3 Br., 2 Bath): $54,000 Ann. M-M.
Apt. 3 (3 Br., 2 Bath): $57,600 Ann. M-M.
Gross Income: $169,200 Ann.
Expenses:
Gas: $0 Ann.
Electric: $0 Ann.
Water & Sewer: $3,872 Ann
Insurance: $3,687 Ann.
Taxes: $16,355.80 Ann.
Total Expenses: $23,914 Ann.
Net Operating Income (NOI): $145,286 Ann.
Income:
Apt. 1 (3 Br., 2 Bath): $57,600 Ann.; Lease Exp.: 5/1/27.
Apt. 2 (3 Br., 2 Bath): $54,000 Ann. M-M.
Apt. 3 (3 Br., 2 Bath): $57,600 Ann. M-M.
Gross Income: $169,200 Ann.
Expenses:
Gas: $0 Ann.
Electric: $0 Ann.
Water & Sewer: $3,872 Ann
Insurance: $3,687 Ann.
Taxes: $16,355.80 Ann.
Total Expenses: $23,914 Ann.
Net Operating Income (NOI): $145,286 Ann.
Location
State NY
County Kings (brooklyn)
Interior
Heating Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Driveway
Utilities Available Electricity Connected, Natural Gas Available
Building
Sewer Public Sewer
Water Public
Structure Type Brick,Frame
Schools
High Schools Contact Agent
School District Contact Agent
Others
Special Listing Condition None
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Listed by All Island Estates Realty Corp • Richard Matt Shane
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716