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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Bushwick
MLS Listing ID 1061727
Rental Info No
Year Built 1931
Annual Tax Amount $13,190
Property Sub-Type Mixed Use
Source onekey2
Property 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.
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.
Location
State NY
County Kings (brooklyn)
Interior
Heating Natural Gas
Cooling None
Fireplace No
Exterior
Utilities Available Electricity Connected
Building
Sewer Public Sewer
Water Public
Structure Type Block,Frame
Schools
High Schools Contact Agent
School District Contact Agent
Others
Special Listing Condition None
Listed by All Island Estates Realty Corp • Richard Matt Shane
Nearby Locations
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Jeffrey Jimenez
Licensed Real Estate Salesperson License ID: 10401267947