For Sale For Rent
Advertise
bedrooms
bedrooms
0
bathrooms
bathrooms
0
square feet
square feet
1,980
acreage
Acreage
-
open houses
Open Houses
-
year built
year built
1920
full baths
Full Baths
0
half baths
Half Baths
0
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.
Location
Subdivision -
County Kings (Brooklyn)
Elementary School -
Middle School -
High School -
open houses Open houses
None scheduled.
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MLS number: L3557111
Listing agent: Richard Matt Shane #10301216230
Listing broker: All Island Estates Realty Corp (516) 532-9184
Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Tuesday, January 14 2025 at 11:31 p.m. EST
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