Nest Seekers

Calling All Investors, Developers, amp ; End Users !

New York, NY 11220

Listing

Web ID:5387745
Website:https://www.nestseekers.com/5387745

Property

Ownership: For Sale
Type: mixed-use
Bedrooms: Studio

Financials

Price:$2,199,000
Annual Taxes:$27,970

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

Contact

Williamsburg, NY
578 Driggs Avenue Brooklyn, NY 11211
Phone: +1 718-302-0900
Fax: +1 718-228-3917
williamsburg@nestseekers.com
Listing Courtesy of All Island Estates Realty Corp
​
Nest Seekers Logo
Loading...