Calling All Investors, Developers, & End-Users!!! 100% Occupied 3 Unit Mixed-Use Building In Bed-Stuy For Sale!!! The Property Features Excellent Signage, Great Exposure, R6B Zoning, 6 Parking Spaces, High 8’ Ceilings, Separate Meters, Low Property Taxes, Security Camera System, Rear Yard, All New LED Lighting, 200 Amp Power, A/C, +++!!! The Property Is Located In The Heart Of Brooklyn Just Blocks From Nostrand Avenue & Fulton Avenue!!! The Property Is Situated Minutes From The Barclays Center, Brooklyn Children’s Museum & The Prospect Park Zoo!!! Neighbors Include USPS, UPS, The Home Depot, Dunkin’, CubeSmart Self Storage, Walgreens, AutoZone, Bank Of America, Planet Fitness, Blink Fitness, Dunkin’, Shake Shack, GameStop, Baskin-Robbins, Mobil, McDonald’s, Taco Bell, Mavis Discount Tire, Family Dollar, Wendy’s, White Castle, IHOP, KFC, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! The Pizzeria Business Which Has 2 Locations Can Also Be Bought For An Additional $850k!!! Income: Pizzeria (1st Fl.+ LL + Yard): $67,512 Ann.; 4% Ann. Inc.; Lease Exp.: 5/1/27 + (3) 5 Year Options. Unit 2 (3 Br. Apt.): $42,000 Ann. M-M. Unit 3 (2 Br. Apt.): $39,600 Ann. Lease Exp.: 9/1/26. Gross Income: $149,112 Ann. Expenses: Gas: $0 Ann. (Cooking Only) Oil: $963 Ann. (Heat Only) Electric: $0 Ann. Water + Sewer: $2,497 Ann. Maintenance & Repairs: $250 Ann. Insurance: $3,283 Ann. Taxes: $4,490.20 Ann. Total Expenses: $11,483.20 Ann. Net Operating Income (NOI): $137,628.80 Ann. (7.29% Cap!!!) Reply, Reply All or Forward
| MLS # | 935875 |
|---|---|
| Listing Type | For Sale |
| Style | Other |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 285 |
| Listing Provided By | All Island Estates Realty Corp | Richard Matt Shane |
| SQ Feet | 2,630 |
|---|---|
| Basement | Y |
| Acreage | 0.04 |
| Cooling | Ductless, Wall/Window Unit(s) |
|---|---|
| Heating | Natural Gas, Oil |
| Construction Materials | Brick, Frame |
|---|
| Utilities | Electricity Connected, Natural Gas Connected, See Remarks |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2024 |
|---|---|
| Tax Assessed Value | 90180 |
| Tax Annual Amount | 4454.08 |
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11216 |
| Listing VS Median (in 11216) | |
Price: $1,888,000 low | high Med: $1,769,000 sqft: 2,630 low | high Med: 2,915 $ / sqft: $718 low | high Med: $617 On site: 285 low | high Med: 204.5 | |
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11216 |
| Listing VS Median (in 11216) | |
Price: $1,888,000 low | high Med: $1,769,000 sqft: 2,630 low | high Med: 2,915 $ / sqft: $718 low | high Med: $617 On site: 285 low | high Med: 204.5 | |