989 & 482 Hegeman & Atkins Avenue, Brooklyn NY 11208

$2,474,000

989 & 482 Hegeman & Atkins Avenue, Brooklyn, NY 11208

bedrooms

bathrooms

square feet

8,140

Acreage

Open Houses

year built

1925

Full Baths

Half Baths

Find out more

Calling All Investors, Developers & End-Users!!! 100% Occupied Free Market Building Package In Brooklyn For Sale!!! The Buildings Feature Excellent Signage, Great Exposure, 2 Stores, 6 Parking Spaces, High 10' Ceilings, Strong R5 Zoning, (4) 2 Br. Apts., (2) 1 Br. Apts., (1) 3 Br. Apt., Basements, LED Lighting, 200 Amp, Power, A/C, +++!!! The Properties Are 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, +++!!! These Properties Offer HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: 989 Hegeman Avenue: Laundromat: $48,000 Ann. Grocery Store: (600 Sqft.): $30,000 Ann.; Lease Exp.: 5/1/29; $600 Ann. Inc. Unit 2R (2 Br., 1 Bath): $21,600 Ann. M-M. Unit 2L (2 Br., 1 Bath): $21,600 Ann. M-M. Unit 3R (2 Br., 1 Bath): $21,600 Ann. M-M. Unit 3L (2 Br., 1 Bath): $21,600 Ann. M-M. Gross Rent: $164,400 Ann. 482 Atkins Avenue: 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) Gross Rent: $87,600 Ann. Expenses: Gas: $5,380 Ann. Electric: $1,500 Ann. (Hallway + Basement Only) Maintenance & Repairs: $500 Ann. Insurance: $7,679 Ann. Water & Sewer: $2,863 Ann. (Excluding Laundromat) Trash: $0 Ann. Taxes: $20,892.72 Ann. Total Expenses: $38,814.72 Ann. Total Gross Income: $252,000 Ann. Net Operating Income (NOI): $213,185.28 Ann. (8.44 Cap!!!)

Location
Subdivision	-
County	Kings (Brooklyn)
Elementary School	-
Middle School	-
High School	-

Exact location data not provided

Driving directions

Open houses

None scheduled.

Find out more

Tell us who you are, and we will have someone reach out to you.

Name*

Email*

Phone*

Message

I have a house to sell

By proceeding, you consent to receive calls, texts and voicemails at the number you provided (may be recorded and may be autodialed and use pre-recorded and artificial voices), and email, from Kotohomes, Richard Matt Shane, and their network of service providers about your inquiry and other home-related matters.

Msg/data rates may apply. This consent applies even if you are on a do not call list and is not a condition of any purchase.

MLS number: L3566987

Listing agent: Richard Matt Shane #10301216230

Listing broker: All Island Estates Realty Corp (516) 532-9184

Last update: Wednesday, January 15 2025 at 2:46 a.m. EST

Kotohomes National