Property
| Ownership: | For Sale |
|---|---|
| Type: | Commercial |
| Bedrooms: | Studio |
| Lot Size: | 2642 sq ft |
FinancialsPrice: $2,250,000 Annual Taxes: $16,010
| Price: | $2,250,000 |
|---|---|
| Annual Taxes: | $16,010 |
578 Driggs Avenue Brooklyn, NY 11211 Phone: +1718-302-0900 Fax: +1718-228-3917 | |
| Courtesy of All Island Estates Realty Corp | |
DescriptionCalling 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, 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, Mobil, McDonald's, Mavis Discount Tire, Family Dollar, Wendy's, White Castle, KFC, +++!!! This Property Offers HUGE Upside Potential!!! 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 (7.74 Cap!!!) , or
Neighborhood
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, 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, Mobil, McDonald's, Mavis Discount Tire, Family Dollar, Wendy's, White Castle, KFC, +++!!! This Property Offers HUGE Upside Potential!!! 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 (7.74 Cap!!!) , or
Calling All Investors, Developers, amp ; End Users !
DescriptionCalling 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, 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, Mobil, McDonald's, Mavis Discount Tire, Family Dollar, Wendy's, White Castle, KFC, +++!!! This Property Offers HUGE Upside Potential!!! 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 (7.74 Cap!!!) , or
Neighborhood
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, 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, Mobil, McDonald's, Mavis Discount Tire, Family Dollar, Wendy's, White Castle, KFC, +++!!! This Property Offers HUGE Upside Potential!!! 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 (7.74 Cap!!!) , or
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