Calling All Investors, Developers amp ; End Users !


Property

Website:https://www.nestseekers.com/3067907
Address:
219 Park Avenue
Bedford-Stuyvesant, NY 11205
Cross street:Vanderbilt Ave
Ownership: For Sale
Type: Commercial
Bedrooms: Studio
Lot Size: 2611 sq ft

Financials

Price: $1,325,000
Annual Taxes: $12,407

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Description

Calling All Investors, Developers & End-Users!!! 2,600+ Sqft. Development Site In Clinton Hill Near The Brooklyn Navy Yard For Sale!!! The Property Features Great Exposure, Excellent Signage, Strong M1-2 Zoning, Fenced Lot, +++!!! The Property Is Located In The Heart Of Clinton Hill 1 Block From The Brooklyn Navy Yard!!! The Property Is Situated Alongside The B.Q.E. (I-278) Right Near The Brooklyn Bridge & Manhattan Bridge!!! Neighbors Include Starbucks, USPS, Chase Bank, CitiBank, TD, Public Storage, Walgreens, Penske Truck Rentals, Auto Zone, Key Food, Applebee's Bar & Grill, Blink Fitness, KFC, +++!!! This Property Has HUGE Upside Potential!!! This Could Be Your Next Development Site / Home For Your Business!!! Income: 2,611 Sqft. Lot: $320,000 Ann. (Available) Expenses: Taxes: $12,407.92Ann. Total Expenses: $12,407.92 Ann. Net Operating Income (NOI): $307,592.08 (Pro Forma 17.2 Cap!!!)

Contact

578 Driggs Avenue Brooklyn, NY 11211
Courtesy of All Island Estates Realty Corp