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Great investment opportunity!! A corner 2 story mixed-use property. It features 2 apartments on the second floor (a 2-brm and an 1-brm apartments). Property will be delivered vacant and in "As Is" condition. It needs work and it's been accordingly priced. Seller will consider CASH offers only. All offers must be submitted with proof of funds.
Great investment opportunity corner lot, 5-unit store front property in Crown Heights 1 block away from Atlantic Avenue with 2,366 of buildable square footage. Building showcases two 2bdrm units, two 1bdrm units with a studio unit. There are currently no leases on the apartments. 1 unit is vacant, and another unit is owner occupied. ***Back Lot belongs to the property***
Investor's opportunity! One story retail (K1) with R6 zoning. Gut renovation with potential to build 5 stories. Utica Ave one block away. Subway at Eastern Parkway & Utica Ave #2,#3,#4. Cash buyer only. All information deemed reliable however all information is to be verified independently.
Calling All Investors, Developers, & End-Users!!! 100% Occupied 8 Unit Apartment Building In Crown Heights For Sale!!! The Property Features Excellent Signage, Great Exposure, Strong R6/C1-3 Zoning, 6 Parking Spaces, High Ceilings, Separate Meters, Low Property Taxes, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Crown Heights In Between Atlantic Ave. & Eastern Pkwy.!!! The Property Is Situated Minutes From The Barclays Center, Brooklyn Children's Museum & The Prospect Park Zoo!!! Neighbors Include UPS, The Home Depot, Dunkin', CubeSmart Self Storage, Walgreens, AutoZone, Planet Fitness, Blink Fitness, GameStop, Baskin-Robbins, Mobil, McDonald's, Mavis Discount Tire, Family Dollar, Wendy's, White Castle, KFC, +++!!! This Property Offers HUGE Upside Potential!!! Income: Unit 1R (2 Br. Apt.): $28,656 Ann. M-M. Unit 1L (2 Br. Apt.): $16,620 Ann. M-M. Unit 2R (2 Br. Apt.): $28,200 Ann. Unit 2L (2 Br. Apt.): $28,200 Ann. Unit 3R (2 Br. Apt.): $28,704 Ann. Unit 3L (2 Br. Apt.): $20,700 Ann. Unit 4R (2 Br. Apt.): $27,600 Ann. Unit 4L (2 Br. Apt.): $28,200 Ann. Gross Income: $206,880 Ann. Expenses: Gas : $5,000 Ann. (Heat + Hot Water Only For Entire Building) Electric: $720 Ann. Water + Sewer: $5,000 Ann. Insurance: $6,000 Ann. Taxes: $16,010.16 Ann. Total Expenses: $32,730.16 Ann. Net Operating Income (NOI): $174,149.94 (7.74 Cap!!!) , or
