New York, NY 11216

Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Lot Size: 0.0 Acres

Financials

Price:$1,888,000
Annual Taxes:$4,454.08
Listing Courtesy of All Island Estates Realty Corp

Calling All Investors, Developers, amp ; End Users !

View of building exterior featuring entry steps

View of building exterior featuring entry steps

View of building exterior featuring entry steps
View of building exterior featuring entry steps
Map of property location with property parcel outlined
Map of property location with property parcel outlined
View of patio
View of patio
Map / location
Map / location
Kitchen featuring refrigerator and white cabinetry
Kitchen featuring refrigerator and white cabinetry
Kitchen featuring dark countertops and a sink
Kitchen featuring dark countertops and a sink
View of property location
View of property location
Kitchen featuring stainless steel counters, tile walls, and open shelves
Kitchen featuring stainless steel counters, tile walls, and open shelves
Kitchen featuring stainless steel counters, open shelves, and tile walls
Kitchen featuring stainless steel counters, open shelves, and tile walls
Aerial view of property's location
Aerial view of property's location
View of utility room
View of utility room
Kitchen featuring light tile patterned flooring, heating unit, and freestanding refrigerator
Kitchen featuring light tile patterned flooring, heating unit, and freestanding refrigerator
Aerial view of property and surrounding area featuring property parcel outlined
Aerial view of property and surrounding area featuring property parcel outlined
Bathroom featuring vanity, tile walls, and a wainscoted wall
Bathroom featuring vanity, tile walls, and a wainscoted wall
View of storage
View of storage
Aerial map of property and surrounding area featuring property boundaries highlighted
Aerial map of property and surrounding area featuring property boundaries highlighted
Garage featuring white fridge
Garage featuring white fridge
Aerial view of property and surrounding area
Aerial view of property and surrounding area
Utility room featuring electric panel
Utility room featuring electric panel
Back of house
Back of house
Map / location
Map / location
View of building exterior
View of building exterior
Kitchen with stainless steel counters and open shelves
Kitchen with stainless steel counters and open shelves
Utility room with gas meter
Utility room with gas meter
View of building exterior featuring entry stepsView of building exterior featuring entry stepsMap of property location with property parcel outlinedMap of property location with property parcel outlinedView of patioView of patioMap / locationMap / locationKitchen featuring refrigerator and white cabinetryKitchen featuring refrigerator and white cabinetry

Description

Calling All Investors, Developers, & End-Users!!! 100% Occupied 3 Unit Mixed-Use Building In Bed-Stuy For Sale!!! The Property Features Excellent Signage, Great Exposure, R6B Zoning, 6 Parking Spaces, High 8’ Ceilings, Separate Meters, Low Property Taxes, Security Camera System, Rear Yard, All New LED Lighting, 200 Amp Power, A/C, +++!!! The Property Is Located In The Heart Of Brooklyn Just Blocks From Nostrand Avenue & Fulton Avenue!!! The Property Is Situated Minutes From The Barclays Center, Brooklyn Children’s Museum & The Prospect Park Zoo!!! Neighbors Include USPS, UPS, The Home Depot, Dunkin’, CubeSmart Self Storage, Walgreens, AutoZone, Bank Of America, Planet Fitness, Blink Fitness, Dunkin’, Shake Shack, GameStop, Baskin-Robbins, Mobil, McDonald’s, Taco Bell, Mavis Discount Tire, Family Dollar, Wendy’s, White Castle, IHOP, KFC, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! The Pizzeria Business Which Has 2 Locations Can Also Be Bought For An Additional $850k!!! Income: Pizzeria (1st Fl.+ LL + Yard): $67,512 Ann.; 4% Ann. Inc.; Lease Exp.: 5/1/27 + (3) 5 Year Options. Unit 2 (3 Br. Apt.): $42,000 Ann. M-M. Unit 3 (2 Br. Apt.): $39,600 Ann. Lease Exp.: 9/1/26. Gross Income: $149,112 Ann. Expenses: Gas: $0 Ann. (Cooking Only) Oil: $963 Ann. (Heat Only) Electric: $0 Ann. Water + Sewer: $2,497 Ann. Maintenance & Repairs: $250 Ann. Insurance: $3,283 Ann. Taxes: $4,490.20 Ann. Total Expenses: $11,483.20 Ann. Net Operating Income (NOI): $137,628.80 Ann. (7.29% Cap!!!) Reply, Reply All or Forward

Amenities

  • Electricity Connected
  • Natural Gas Connected

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.