$ 2,350,000
Building For Sale
Property Type
Active
Status
Building Details
Mixed Use
Ownership
Commercial
Building Type
0.06 Acres / 2,642 SF
Lot Size
R61
Zoning
1908
Year Built
Description
Calling All Investors, Developers, & End-Users!!! 100% Occupied 8 Unit Apartment Building In Crown Heights For Sale!!! The Property Features Excellent Signage, Great Exposure, Strong R6/C1-3 Zoning, 6 Parking Spaces, High Ceilings, Separate Meters, Low Property Taxes, 2 All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Crown Heights In Between Atlantic Ave. & Eastern Pkwy.!!! The Property Is Situated Minutes From The Barclays Center, Brooklyn Children's Museum & The Prospect Park Zoo!!! Neighbors Include UPS, The Home Depot, Dunkin', CubeSmart Self Storage, Walgreens, AutoZone, Planet Fitness, Blink Fitness, GameStop, Baskin-Robbins, Mogil, McDonald's, Mavis Discount Tire, Family Dollar, Wendy's, White Castle, KFC, +++!!! This Property Has HUGE Upside Potential!!! This Opportunity Won't Last Long!!! This Property Would Make A Nice Addition To Your Investment Portfolio!!! Income: Unit 1R (2 Br. Apt.): $28,656 Ann. M-M. Unit 1L (2 Br. Apt.): $16,620 Ann. M-M. Unit 2R (2 Br. Apt.): $28,200 Ann. Unit 2L (2 Br. Apt.): $28,200 Ann. Unit 3R (2 Br. Apt.): $28,704 Ann. Unit 3L (2 Br. Apt.): $20,700 Ann. Unit 4R (2 Br. Apt.): $27,600 Ann. Unit 4L (2 Br. Apt.): $28,200 Ann. Gross Income: $206,880 Ann. Expenses: Gas : $5,000 Ann. (Heat + Hot Water Only For Entire Building) Electric: $720 Ann. Water + Sewer: $5,000 Ann. Insurance: $6,000 Ann. Taxes: $16,010.16 Ann. Total Expenses: $32,730.16 Ann. Net Operating Income (NOI): $174,149.94 (7.41 Cap!!!)
Calling All Investors, Developers, & End-Users!!! 100% Occupied 8 Unit Apartment Building In Crown Heights For Sale!!! The Property Features Excellent Signage, Great Exposure, Strong R6/C1-3 Zoning, 6 Parking Spaces, High Ceilings, Separate Meters, Low Property Taxes, 2 All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Crown Heights In Between Atlantic Ave. & Eastern Pkwy.!!! The Property Is Situated Minutes From The Barclays Center, Brooklyn Children's Museum & The Prospect Park Zoo!!! Neighbors Include UPS, The Home Depot, Dunkin', CubeSmart Self Storage, Walgreens, AutoZone, Planet Fitness, Blink Fitness, GameStop, Baskin-Robbins, Mogil, McDonald's, Mavis Discount Tire, Family Dollar, Wendy's, White Castle, KFC, +++!!! This Property Has HUGE Upside Potential!!! This Opportunity Won't Last Long!!! This Property Would Make A Nice Addition To Your Investment Portfolio!!! Income: Unit 1R (2 Br. Apt.): $28,656 Ann. M-M. Unit 1L (2 Br. Apt.): $16,620 Ann. M-M. Unit 2R (2 Br. Apt.): $28,200 Ann. Unit 2L (2 Br. Apt.): $28,200 Ann. Unit 3R (2 Br. Apt.): $28,704 Ann. Unit 3L (2 Br. Apt.): $20,700 Ann. Unit 4R (2 Br. Apt.): $27,600 Ann. Unit 4L (2 Br. Apt.): $28,200 Ann. Gross Income: $206,880 Ann. Expenses: Gas : $5,000 Ann. (Heat + Hot Water Only For Entire Building) Electric: $720 Ann. Water + Sewer: $5,000 Ann. Insurance: $6,000 Ann. Taxes: $16,010.16 Ann. Total Expenses: $32,730.16 Ann. Net Operating Income (NOI): $174,149.94 (7.41 Cap!!!)
Listing Courtesy of All Island Estates Realty Corp
Contact
Coldwell Banker Reliable Real Estate
License
Licensed As: Not Applicable
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MLSID: ONE3503961
