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bedrooms
bedrooms
0
bathrooms
bathrooms
0
square feet
square feet
3,340
acreage
Acreage
-
open houses
Open Houses
-
year built
year built
1899
full baths
Full Baths
0
half baths
Half Baths
0
Calling All Investors, Developers & End-Users!!! 100% Occupied Free Market Apartment Building In Brooklyn For Sale!!! The Building Features Excellent Signage, Great Exposure, 6 Parking Spaces, High Ceilings, Strong R5 Zoning, (1) 1 Br. Apts., (1) 2 Br. Apt., (1) 3 Br. Apt., Basement, LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Brooklyn 1 Block Off Linden Blvd. (Rt. 27)!!! Neighbors Include The Home Depot, Stop & Shop, ShopRite, CubeSmart Self Storage, L.A. Fitness, Sunoco, Dollar Tree, Wendy's, Subway, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! This Building Can Be Bought In Addition To 989 Hegeman Avenue For Only $2.474m!!! Income: Unit 1 (3 Br., 1 Bath): $39,600 Ann. M-M. Unit 2R (1 Br., 1 Bath): $18,00 Ann. M-M. Unit 2F (1 Br., 1 Bath): $18,000 Ann. M-M. LL: $22,000 Ann. (Available) Total Gross Rent: $87,600 Ann. Expenses: Gas: $2,580 Ann. (Heating Only) Electric: $720 Ann. (Hallway Only) Maintenance & Repairs: $250 Ann. Insurance: $2,856 Ann. Water & Sewer: $863 Ann. Trash: $0 Ann. Taxes: $4,919.64 Ann. Total Expenses: $11,688.64 Ann. Gross Income: $87,600 Ann. Pro Forma Net Operating Income (NOI): $75,911.36 Ann. (8.68 Cap!!!) , or
Location
Subdivision -
County Kings (Brooklyn)
Elementary School -
Middle School -
High School -
open houses Open houses
None scheduled.
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MLS number: L3566971
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 11:32 p.m. EST
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