Property
| Ownership: | For Sale |
|---|---|
| Type: | mixed-use |
| Bedrooms: | Studio |
Financials
Listing Courtesy of All Island Estates Realty Corp
Calling All Investors, Developers, amp ; End Users !
Description
Calling All Investors, Developers, & End-Users!!! 100% Occupied 6 Unit Free Market Corner Building In Sunset Park For Sale!!! The Property Features Excellent Signage, Great Exposure, R6A Zoning, High 12’ Ceilings, (5) 2 Br. Apartments, Skylight, Basement, Rear Yard, 200 Amp Power, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Brooklyn Just Blocks I-278 (Belt Pkwy.) & Only Minutes From The Verrazzano Bridge!!! The Property Has 22’ Of Frontage On 6th Ave. + 82’ On 52nd St.!!! Neighbors Include Starbucks, Toyota, Costco, NYU Langone, USPS, Wyndham Hotels, Sephora, Planet Fitness, Petco, CVS, Dunkin’, McDonald’s, MicroCenter, Popeye’s Louisiana Kitchen, Pollo Campero, Subway, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!
Income:
Accountant: $36,600 Ann.; 2% Ann. Inc.; Lease Exp.: 12/1/28.
Apt. 1R (2 Br.): $19,200 Ann.; Lease Exp.: 8/1/26.
Apt. 2R (2 Br.): $20,400 Ann.; Lease Exp.: 8/1/26.
Apt. 2L (2 Br.): $25,200 Ann.; Lease Exp.: 12/1/26.
Apt. 3R (2 Br.): $20,640 Ann.; Lease Exp.: 9/1/26.
Apt. 3L (2 Br.): 21,300 Ann.; Lease Exp.: 9/1/26.
Gross Income: $143,340 Ann.
Expenses:
Oil: $7,000 Ann.
Electric: $720 Ann.
Water & Sewer: $4,203 Ann
Insurance: $3,826 Ann.
Snow & Landscape: $0 Ann.
Trash: $0 Ann.
Taxes: $27,970 Ann.
Total Expenses: $43,719 Ann.
Net Operating Income (NOI): $99,621 Ann.
Amenities
- Electricity Available

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.