Brooklyn Income producer - 4 family plus storefront & billboard sign

Posted: 12/30/2020 11:37 pm | On HOMEiZ: 1218 days | Updated: 3 years ago | Views: 1088

Location Map

Property Type

Property status

Available

Property Price

Asking Price

$1500000 Price Undisclosed

Total Lot Size

3,050.00 Sq. Ft.

Asking Price per Sq. Ft.

$1471

Total Building Size Sq. Ft.

1020

Commission Split %

Cap Rate %

Gross Annual Income

$98400

Net Operating Income

$120000

Gross Rent Multiplier

15.00

Annual Property Tax Rate for this property

7338%

Property tax total amount

$7338

Property Location & Description

Listing Headline

Brooklyn Income producer - 4 family plus storefront & billboard sign

Property Description

East 90's Canarsie Brooklyn. Totally NEWLY renovated from top to bottom in November 2019 to January 31 2020 LEGAL 3 family & store! Fully detached ALL brick building with full finished basement! 5 room apartment (2 bedroom EACH apartment unit) each 3 family! Plus Beauty salon Store front approx. 600 sq ft (20 ft wide frontage) & Huge FINISHED basement! Lot 30.5 ft x 100 ft & building size 20 ft x 51 ft New roof, siding, boiler & much more! 5 income producing plus billboard sign! Low Real Estate Taxes! Will not last! Cap rate 6% High traffic area & near all buses –Next to Minutes to Manhattan express bus, Canarsie pier & more! Start collecting your rent!! Call 347-526-5131 ONLY Income: 2nd floor Front $ 1,500.00 month (1 bedroom-NO LEASE)2nd floor Back $ 1,500.00 month (1 bedroom-NO LEASE) Storefront: Beauty Salon $ 2,000.00 a month (March 2025) 1st floor Rear $1,700.00 a month (May 2021) Basement- Super $ 1,000.00 month Storage Billboard sign $ 500.00 =$ 8,200.00 a month = $98,400 yearly income! call 347-581-9506 FOR SALE BY OWNER

Location Description

Near bus stop busy retail area & Rockaway parkway

Occupancy %

100%

Construction Type

Brick Building

No. Stories

Year Built

1931

Overall Property Condition

Excellent

Highlights

Totally newly renovated in 2019

New roof

New electrical & Plumbing & walls

Tenants are month to month

Sewer

Type of Sewer

Sewer System (Public)

Parking

Parking type

None

Investment Overview

Type of use

Investor

Energy Efficiency

Energy Star Certified

Efficiency rating

N/A

R-value

N/A

Windows single-pane?

Don't Know

Natural daylight

Yes

Appliances energy efficient

Don't Know

Roof

Yes

Neighborhood lifestyle

More information

MLS URL of this listing to link to your own site or brokerage site

Listing Info

Listing ID: 2567

Available

For Sale

Price Undisclosed

Listing Presented by

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9623 Avenue M . Brooklyn , NY 11236