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Calling All Investors, Developers, & End-users!!! Brand New 100% Occupied 3 Unit Free Market Apartment Building In Crown Heights For Sale!!! The Property Features Excellent Signage, Great Exposure, Strong R6/c1-3 Zoning, 6 Parking Spaces, High 8' Ceilings, Separate Meters, Gated Yard, Low Property Taxes, Motion Sensor Lights, All New Led Lighting, 200 Amp Power, A/c, +++!!! The Property Is Located In The Heart Of Crown Heights 2 Blocks From Eastern Parkway!!! The Property Was Fully Renovated In 2023!!! 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, Gamestop, Baskin-robbins, Mobil, Mcdonald's, 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!!! Income: Unit 1 (3br. Apt.): $38, 400 Ann. Lease Exp.: 9/1/24. Unit 2 (2 Br. Apt.): $30, 000 Ann. Lease Exp.: 7/1/24. Unit 3 (2 Br. Apt.): $30, 000 Ann. Lease Exp.: 7/1/24. Gross Income: $98, 400 Ann. Expenses: Gas: $0 (electric Only) Electric: $360 Ann. (hallway Only) Water + Sewer: $1, 250 Ann. Insurance: $2, 500 Ann. Taxes: $3, 841.68 Ann. Total Expenses: $7, 951.68 Ann. Net Operating Income (noi): $90, 448.32 Ann. , Or
Location/Town | Crown Heights |
Area/County | Brooklyn |
Prop. Type | Business Opportunity |
# Stories | 3 |
Lot Size | 18x110.58 |
Lot SqFt | 1,990 |
Listing information courtesy of: All Island Estates Realty Corp |