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Property Description

Calling All Investors, Developers, & End-Users!!! Free Market Mixed-Use Building On Flatbush Ave. For Sale!!! The Property Features Excellent Signage, Great Exposure, Free Market 2Br. Apt., Strong R5/C2-2 Zoning, High 9′ Ceilings, Low Property Taxes, Separate Meters, 200 Amp Power, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Brooklyn Only A Few Blocks From Kings Highway!!! Neighbors Include Starbucks, Toyota, Acura, Honda, USPS, UPS, Chase Bank, T-Mobile, Target, ShopRite, Optimum, Staples, LIfe Storage, Dunkin’, AutoZone, Dollar Tree, Key Food, YMCA, CityMD, Aldi, +++!!! The Entire Building Can Be Delivered Vacant If Need Be! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site / The Next Home For Your Business!!! Income: Grocery Store (990 Sqft. + 990 Sqft. LL): $36,000 Ann.; M-M. 2nd Floor Apt. (2 Br., 1 Bath, W/D): $30,000 Ann. Gut Renovated in 2012. (Available) Pro Forma Gross Income: $66,000 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Maintenance & Repairs: $250 Ann. Insurance: $2,800 Ann. Taxes: $2,826.96 Ann. Trash: $0 Water & Sewer: $500 Ann. Total Expenses: $6,376.96 Ann. Net Operating Income (NOI): $59,623.04 Ann.

Features
Heating System:
Natural Gas, Hot Water
Address Map
City:
NY
State:
NY
County:
Kings (Brooklyn)
Directions:
Flatbush Avenue & Eastern Parkway
Property and Construction
Agent MlsId:
176463
Office MlsId:
CBE01
Number Of Units:
2
Stories Total:
2
Tax Annual Amount:
$2,827
Zoning:
R5/C2-2
PhotosCount:
8

Commercial Sale For Sale

1742 Flatbush Avenue, New York, NY

1,295 Acre
$930,000
Listing ID #L3557111
Basic Details
Property Type :
Commercial Sale
Property SubType :
Mixed Use
Listing ID :
L3557111
Price :
$930,000
Building Area :
1,980 Sqft
Lot Area :
1,295 Acre
Year Built :
1920
Status :
Active
Status :
Active
Listing Office :
All Island Estates Realty Corp
Listing Agent :
Richard Matt Shane
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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