New York, NY 11208

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 6 BR
Bathrooms: 2
Lot Size: 0.0 Acres

Financials

Price:$1,299,999
Annual Taxes:$5,477.68
Listing Courtesy of Real Estate Classic LLC

Excellent investment opportunity at 945 Liberty Ave, Brooklyn, NY.

Description

Excellent investment opportunity at 945 Liberty Ave, Brooklyn, NY. This mixed-use property features a vacant commercial unit on the 1st floor (approx. 1,700 sq. ft.) that can be leased for approximately $4,200–$5,000 per month ($30 per sq. ft.), and two residential units, each approximately 900 sq. ft., with 3 bedrooms and 1 full bathroom. Property sits on a 20 x 90 lot. The 2nd and 3rd floor residential units are currently occupied, generating $3,000 and $3,200 per month, respectively, for a total of $6,200 per month in current residential rental income. With the commercial space leased, the property has the potential to generate approximately $10,400–$11,200 per month. The property is equipped with 3 gas meters, 3 hot water tanks, 4 electrical meters, and 2 boilers. Lease Information: 1st Floor – Commercial – Approx. 1,700 sq. ft. – VACANT – Estimated Rent: $4,200–$5,000/month ($30/sq. ft.) 2nd Floor – Residential – Approx. 900 sq. ft. – 3 BR / 1 BA – $3,000/month – NO LEASE 3rd Floor – Residential – Approx. 900 sq. ft. – 3 BR / 1 BA – $3,200/month – NO LEASE *2nd and 3rd Floor will not be delivered vacant*

Amenities

  • Electricity Connected
  • Natural Gas Connected
  • Other
  • Water 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.