Remarks

Calling All Investors, Developers, & End-Users!!! 3 Unit 4,780 Sqft. Mixed-Use Building On Liberty Avenue In Brooklyn For Sale!!! The Property Features Excellent Signage, Great Exposure,, Strong R5/C1-2 Zoning, High 11’ Ceilings, 6 Parking Spaces, Separate Meters, 200 Amp Power, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Cypress Hills 2 Blocks From N Conduit Ave. & Minutes From Forest Park Golf Course!!! Neighbors Include Stop & Shop, Key Food, Dunkin’, LA Fitness, Mobil, Wendy’s, Subway, Checker’s, Burger King, Dollar Tree, White Castle, IHOP, +++!!! The Property Has 17’ Of Frontage On Busy Liberty Avenue!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site / The Next Home For Your Business!!!



Income:



3rd Floor (Computer/Shipping Company): $36,000 Ann.; Lease Exp.: 2028.



2nd Floor (Hair Salon): $36,000 Ann.; Lease Exp.: 2029.



1st Floor (Clothing Store): $72,000 Ann. Will Be Delivered Vacant.



Pro Forma Gross Income: $144,000 Ann.



Expenses:



Gas: $0 Ann.



Electric: $0 Ann.



Maintenance & Repairs: $250 Ann.



Water & Sewer: $420 Ann.



Insurance: $1,823 Ann.



Taxes: $22,626 Ann.



Total Expenses: $25,119 Ann



Net Operating Income (NOI): $118,881 Ann.

Details

MLS#: 811323
Price: $2,200,000

Style: Mixed Use
Sq Ft: 4780
Year Built: 1920

County: Kings (Brooklyn)
Tax Fee: 22628