Property Description

Calling All Investors, Developers, & End-Users!!! 100% Occupied 3 Unit Mixed-Use Building In Bed-Stuy For Sale!!! The Property Features Excellent Signage, Great Exposure, R6B Zoning, 6 Parking Spaces, High 8' Ceilings, Separate Meters, Low Property Taxes, Security Camera System, Rear Yard, All New LED Lighting, 200 Amp Power, A/C, +++!!! The Property Is Located In The Heart Of Brooklyn Just Blocks From Nostrand Avenue & Fulton Avenue!!! The Property Is Situated Minutes From The Barclays Center, Brooklyn Children's Museum & The Prospect Park Zoo!!! Neighbors Include USPS, UPS, The Home Depot, Dunkin', CubeSmart Self Storage, Walgreens, AutoZone, Bank Of America, Planet Fitness, Blink Fitness, Dunkin', Shake Shack, GameStop, Baskin-Robbins, Mobil, McDonald's, Taco Bell, Mavis Discount Tire, Family Dollar, Wendy's, White Castle, IHOP, KFC, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! The Pizzeria Business Which Has 2 Locations Can Also Be Bought For An Additional $850k!!!Income:Pizzeria (1st Fl.+ LL + Yard): $67,512 Ann.; 4% Ann. Inc.; Lease Exp.: 5/1/27 + (3) 5 Year Options. Unit 2 (3 Br. Apt.): $42,000 Ann. M-M.Unit 3 (2 Br. Apt.): $39,600 Ann. Lease Exp.: 9/1/26. Gross Income: $149,112 Ann. Expenses:Gas: $0 Ann. (Cooking Only)Oil: $963 Ann. (Heat Only)Electric: $0 Ann. Water + Sewer: $2,497 Ann. Maintenance & Repairs: $250 Ann. Insurance: $3,283 Ann. Taxes: $4,490.20 Ann. Total Expenses: $11,483.20 Ann.Net Operating Income (NOI): $137,628.80 Ann. (7.29% Cap!!!)Reply, Reply All or Forward

Property Features