East Flatbush, NY

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Address: ‎4222 Avenue D

Zip Code: 11203

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$925,000

MLS # 3537950

English

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MLS #‎ 3537950
Construction Year1933
Taxes
(per year)
$12,221
Fuel TypeGas
Bus0 min to B8
7 min to B46
9 min to B6
10 min to B44

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房屋英文概況 English Description

Welcome to this lucrative mixed-use property in East Flatbush, New York! This versatile property offers a total insurance cost of $3,600 annually and $1,800 water annually. Tenants responsible for paying electric utilities, while water gas utilities are included. The 3-bedroom, 1-b unit is suitable for office or store use and rents for $2,400 per month with a very good tenant. In addition to the existing rental income there is a potential income of $10000 per month for the downstair office store front, making the total potential rental income $12400 per month. a current annual tax of $12,221, this property presents a promising investment opportunity. The property features a backyard for outdoor activities and relaxation, And it includes a shutter provide access to the basement. It also offers the possibility to rent out four units totaling 2,000 square feet - one in the front and three in the back, providing additional income potential. With a calculated Net Operating Income (NOI) of $128,579 and a cap rate of approximately 12.86% based on a property value of $1,000,000, this property offers a solid return on investment and significant growth potential. © 2023 OneKey™ MLS, LLC

公司的物业 Office Listings
Courtesy of 5 Boro Realty Corp

公司: ‍855-305-3325




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$925,000

COMMERCIAL
MLS # 3537950
‎4222 Avenue D
East Flatbush, NY 11203


Listing Agent(s):‎
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Office: ‍855-305-3325

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