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Calling All Investors, Developers & End-users!!! 2, 062 Sqft. Retail Building For Sale!!! The Property Features Great Exposure, Excellent Signage, 6 Parking Spaces, High 10' Ceilings, Strong R6 Zoning, 2 Skylights, All New Led Lighting, +++!!! The Property Is Located In The Heart Of East Flatbush On Busy Church Avenue Just A Block From Linden Blvd.!!! Neighbors Include Chase Bank, Ups, Mitsubishi, Dunkin', Cvs, Target, U-haul, Autozone, Planet Fitness, Blink Fitness, Petsmart, Ihop, Mcdonald's, Burger King, Wendy's, Denny's, Popeye's, Dollar Tree, +++!!! The Entire Building Can Be Delivered Vacant If Need Be. This Property Has Huge Upside Potential!!! This Could Be Your Next Development Site / Home For Your Business!!! Income: Storefront (2, 062 Sqft.): $66, 000 Ann. (available) Gross Income: $66, 000 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Maintenance & Repairs: $250 Ann. Insurance: $1, 623 Ann. Taxes: $16, 767 Ann. Total Expenses: $18, 640 Ann. Net Operating Income (noi): $47, 360 Ann.(proforma 14.79 Cap!!!)
Location/Town | Ditmas Park |
Area/County | Brooklyn |
Prop. Type | Commercial Sale |
Tax | $16,767.00 |
# Stories | 1 |
Year Built | 1931 |
Total Units | 1 |
Lot Size | 22.5x91.83 |
Lot SqFt | 2,066 |
Zoning | R6 |
Tax Lot | 7 |
Units | 1 |
Listing information courtesy of: All Island Estates Realty Corp |