Property
| Ownership: | For Sale |
|---|---|
| Type: | mixed-use |
| Bedrooms: | Studio |
Financials
Listing Courtesy of All Island Estates Realty Corp
alling All Investors, Developers, amp ; End Users !
Description
alling All Investors, Developers, & End-Users!!! 7.59 Cap 7 Unit Free Market Corner Mixed-Use Building In Bushwick For Sale!!! The Property Features Excellent Signage, Great Exposure, R6/C1-3 Zoning, High 9’ Ceilings, (4) 2 Br. Apartments, Skylight, Restaurant, Basement, 2 Garages, Private Driveway, 6 Parking Spaces, Rear Yard, 200 Amp Power, Strategically Placed Curb Cut, All New LED Lighting, +++!!! The Property Is Located In The Heart Of Brooklyn 1 Block Off Myrtle Ave. Midway Between I-278 & The Jackie Robinson Pkwy.!!! The Property Has 25’ Of Frontage On Busy Wyckoff Ave. + 87’ On Grove St.!!! Neighbors Include Starbucks, Northwell Health, Capital One Bank, FedEx, CVS, AutoZone, Burlington, Walgreens, Duane Reade, Dollar Tree, Foot Locker, Chipotle, McDonald’s, QDOBA Mexican Eats, White Castle, KFC, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!
Income:
Restaurant (1,400 Sqft. + 1,400 Sqft. LL): $90,000 Ann. (Available)
Apt. 2R (2 Br., 1 Bath): $27,600 Ann. M-M.
Apt. 2L (2 Br., 1 Bath): $27,600 Ann. M-M.
Apt. 3R (2 Br., 1 Bath): $25,200 Ann. M-M.
Apt. 3L (2 Br., 2 Bath): $27,600 Ann. M-M.
Garage 1: $2,400 Ann. M-M.
Garage 2: $9,600 Ann. (Available)
Pro Forma Gross Income: $210,000 Ann.
Expenses:
Gas: $3,600 Ann. (Common Areas Only)
Electric: $890 Ann. (Common Areas Only)
Water & Sewer: $3,268 Ann
Insurance: $7,683 Ann.
Taxes: $13,190.56 Ann.
Total Expenses: $28,631.56 Ann.
Amenities
- Electricity Connected

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.