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Calling All Investors, Developers & End-users!!! 100% Occupied 8, 400 Sqft. Mixed Use Building For Sale!!! The Property Features Great Exposure, Excellent Signage, 6 Parking Spaces, Strong C4-3 Zoning, High 10' Ceilings, 6 Apartments, Basement, All New Led Lighting, +++!!! The Property Is Located In The Heart Of Bushwick 2 Blocks From The Gates Ave. M Train Station!!! Neighbors Include The Home Depot, Stop & Shop, Dunkin', Peter Luger Steak House, Walgreens, Autozone, Pep Boys, Blink Fitness, L.a. Fitness, Mcdonald's, Trader Joe's, Wendy's, White Castle, Little Caesar's, Dollar Tree, Family Dollar, +++!!! The Store Can Be Delivered Vacant If Need Be. This Property Has Huge Upside Potential!!! This Could Be Your Next Investment Property, Development Site Or Home For Your Business!!! Income: Store (2, 500 Sqft. + Full Basement): $100, 000 Ann. (available) Apt. 2r (2 Br. 1 Bath): $6, 324 Ann.; M-m; 2% Ann. Inc.; Been Here 25+ Years; Renovated In 2014. Apt. 2l (2 Br. 1 Bath): $8, 280 Ann.; M-m; 2% Ann. Inc.; Been Here 10+ Years; Renovated In 2016. Apt. 3l (2 Br. 1 Bath): $7, 044 Ann.; M-m; 2% Ann. Inc.; Been Here 35+ Years Apt. 3r (2 Br. 1 Bath): $7, 284 Ann.; M-m; 2% Ann. Inc.; Been Here 35+ Years Apt. 4l (2 Br. 1 Bath): $5, 208 Ann.; M-m; Rent Freeze; Been Here 50+ Years Apt. 4r (2 Br. 1 Bath): $7, 200 Ann.; M-m; 2% Ann. Inc.; Been Here 15+ Years Gross Income: $141, 340 Ann. Expenses: Gas: $7, 504 Ann. Electric (hallway Only): $980 Ann. Maintenance & Repairs: $250 Ann. Water: $6, 300 Ann. Insurance: $3, 838 Ann. Taxes: $15, 317 Ann. Total Expenses: $34, 189 Ann. Net Operating Income (noi): $107, 151 Ann.
Location/Town | Bushwick |
Area/County | Brooklyn |
Prop. Type | Commercial Sale |
Tax | $15,317.00 |
# Stories | 4 |
Year Built | 1931 |
Total Units | 7 |
Lot Size | 28x125 |
Lot SqFt | 3,500 |
Zoning | C4+3 |
Tax Lot | 68 |
Units | 7 |
Listing information courtesy of: All Island Estates Realty Corp |