MLS # | 811323 |
Construction Year | 1920 |
Taxes (per year) | $22,628 |
Fuel Type | Gas |
Air Conditioning | Central Air |
Bus | 0 min: Q08 |
3 min: Q07 | |
4 min: B13 | |
6 min: Q24 | |
7 min: B14 | |
Subway | 3 min: A |
7 min: C | |
10 min: J, Z | |
LIRR | 1.9 miles: "East New York" |
2.8 miles: "Kew Gardens" | |
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Calling All Investors, Developers, & End-Users!!! 3 Unit 4,780 Sqft. Mixed-Use Building On Liberty Avenue In Brooklyn For Sale!!! The Property Features Excellent Signage, Great Exposure,, Strong R5/C1-2 Zoning, High 11’ Ceilings, 6 Parking Spaces, Separate Meters, 200 Amp Power, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Cypress Hills 2 Blocks From N Conduit Ave. & Minutes From Forest Park Golf Course!!! Neighbors Include Stop & Shop, Key Food, Dunkin’, LA Fitness, Mobil, Wendy’s, Subway, Checker’s, Burger King, Dollar Tree, White Castle, IHOP, +++!!! The Property Has 17’ Of Frontage On Busy Liberty Avenue!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site / The Next Home For Your Business!!!
Income:
3rd Floor (Computer/Shipping Company): $36,000 Ann.; Lease Exp.: 2028.
2nd Floor (Hair Salon): $36,000 Ann.; Lease Exp.: 2029.
1st Floor (Clothing Store): $72,000 Ann. Will Be Delivered Vacant.
Pro Forma Gross Income: $144,000 Ann.
Expenses:
Gas: $0 Ann.
Electric: $0 Ann.
Maintenance & Repairs: $250 Ann.
Water & Sewer: $420 Ann.
Insurance: $1,823 Ann.
Taxes: $22,626 Ann.
Total Expenses: $25,119 Ann
Net Operating Income (NOI): $118,881 Ann. © 2024 OneKey™ MLS, LLC