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Calling All Investors, Developers, & End-users!!! 3 Unit 4, 780 Sqft. Mixed-use Building On Liberty Avenue In Brooklyn For Sale!!! The Property Features Excellent Signage, Great Exposure, , Strong R5/c1-2 Zoning, High 11’ Ceilings, 6 Parking Spaces, Separate Meters, 200 Amp Power, All New Led Lighting, Cac, +++!!! The Property Is Located In The Heart Of Cypress Hills 2 Blocks From N Conduit Ave. & Minutes From Forest Park Golf Course!!! Neighbors Include Stop & Shop, Key Food, Dunkin’, La Fitness, Mobil, Wendy’s, Subway, Checker’s, Burger King, Dollar Tree, White Castle, Ihop, +++!!! The Property Has 17’ Of Frontage On Busy Liberty Avenue!!! This Property Offers Huge Upside Potential!!! This Could Be Your Next Development Site / The Next Home For Your Business!!! Income: 3rd Floor (computer/shipping Company): $36, 000 Ann.; Lease Exp.: 2028. 2nd Floor (hair Salon): $36, 000 Ann.; Lease Exp.: 2029. 1st Floor (clothing Store): $72, 000 Ann. Will Be Delivered Vacant. Pro Forma Gross Income: $144, 000 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Maintenance & Repairs: $250 Ann. Water & Sewer: $420 Ann. Insurance: $1, 823 Ann. Taxes: $22, 626 Ann. Total Expenses: $25, 119 Ann Net Operating Income (noi): $118, 881 Ann.
Location/Town | New York |
Area/County | Brooklyn |
Post Office/Postal City | Brooklyn |
Prop. Type | Commercial Sale |
Tax | $22,628.00 |
# Stories | 3 |
Year Built | 1920 |
Construction | Brick, Frame |
Lot SqFt | 1,800 |
Cooling | Central Air |
Heat Source | Natural Gas |
Util Incl | Natural Gas Connected |
Days On Market | 163 |
Tax Lot | 120 |
Listing information courtesy of: All Island Estates Realty Corp |