RealtyDepotNY
Cell: 347-219-2037
Fax: 718-896-7020
Calling All Investors, Developers, & End-users!!! 100% Occupied 8 Unit Apartment Building In Crown Heights For Sale!!! The Property Features Excellent Signage, Great Exposure, Strong R6/c1-3 Zoning, 6 Parking Spaces, High Ceilings, Separate Meters, Low Property Taxes, All New Led Lighting, A/c, +++!!! The Property Is Located In The Heart Of Crown Heights In Between Atlantic Ave. & Eastern Pkwy.!!! The Property Is Situated Minutes From The Barclays Center, Brooklyn Children's Museum & The Prospect Park Zoo!!! Neighbors Include Ups, The Home Depot, Dunkin', Cubesmart Self Storage, Walgreens, Autozone, Planet Fitness, Blink Fitness, Gamestop, Baskin-robbins, Mobil, Mcdonald's, Mavis Discount Tire, Family Dollar, Wendy's, White Castle, Kfc, +++!!! This Property Offers Huge Upside Potential!!! Income: Unit 1r (2 Br. Apt.): $28, 656 Ann. M-m. Unit 1l (2 Br. Apt.): $16, 620 Ann. M-m. Unit 2r (2 Br. Apt.): $28, 200 Ann. Unit 2l (2 Br. Apt.): $28, 200 Ann. Unit 3r (2 Br. Apt.): $28, 704 Ann. Unit 3l (2 Br. Apt.): $20, 700 Ann. Unit 4r (2 Br. Apt.): $27, 600 Ann. Unit 4l (2 Br. Apt.): $28, 200 Ann. Gross Income: $206, 880 Ann. Expenses: Gas : $5, 000 Ann. (heat + Hot Water Only For Entire Building) Electric: $720 Ann. Water + Sewer: $5, 000 Ann. Insurance: $6, 000 Ann. Taxes: $16, 010.16 Ann. Total Expenses: $32, 730.16 Ann. Net Operating Income (noi): $174, 149.94 (7.74 Cap!!!) , Or
Location/Town | Crown Heights |
Area/County | Brooklyn |
Prop. Type | Commercial Sale |
Tax | $16,010.00 |
Year Built | 1908 |
Total Units | 8 |
Lot Size | 26.42x100 |
Lot SqFt | 2,642 |
Zoning | R61 |
Tax Lot | 76 |
Units | 8 |
Listing information courtesy of: All Island Estates Realty Corp |