Remarks

Prime Location in Sunset Park, Busy high traffic area newly rebuilt gut renovated from ground up legal 3 family with storefront & basement. storefront/Office/ Storage "Accessory" Not included in Cap Rate! Totally rebuilt in 2009-2010 new construction- Huge three residential apartments, each consist of 4 bedrooms & 2 full baths & 2 balcony! Lots of closet space, Average residential size 1,822 sq ft with high ceiling! New kitchen bathroom, floors too much to say! Month to month occupancy! Newly renovated Storefront 1,080 sq ft with full finished basement with high ceiling & bathroom with its separate entrance & boiler! Tenants pays own heat with new HVAC AC/Heating unit! Building size 20 x 55 lot size 20 x 80. R6 S2 zoning. Storefront newly renovated-tenant moved out -no lease - paying $ 5,000-month NNN lease. Projected Cap rate 7% with many upsides potential Projected $ 366,000 yr income! All market values! Near 8th Or 4 Avenue shopping corridor, all train, restaurant & much more!

Details

MLS#: 488777
Price: $3,800,000

Style: Mixed Use
Sq Ft: 4723
Year Built: 1910

County: Kings (Brooklyn)
Tax Fee: 16354.00