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  • Calling All Investors, Developers, & End-Users!!! 100% Occupied 8 Unit Apartment Building In Crown Heights For Sale!!! The Property Features Excellent Signage, Great Exposure, Strong R6/C1-3 Zoning, 6 Parking Spaces, High Ceilings, Separate Meters, Low Property Taxes, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Crown Heights In Between Atlantic Ave. & Eastern Pkwy.!!! The Property Is Situated Minutes From The Barclays Center, Brooklyn Children’s Museum & The Prospect Park Zoo!!! Neighbors Include UPS, The Home Depot, Dunkin’, CubeSmart Self Storage, Walgreens, AutoZone, Planet Fitness, Blink Fitness, GameStop, Baskin-Robbins, Mobil, McDonald’s, Mavis Discount Tire, Family Dollar, Wendy’s, White Castle, KFC, +++!!! This Property Offers HUGE Upside Potential!!! Income: Unit 1R (2 Br. Apt.): $28, 656 Ann. M-M. Unit 1L (2 Br. Apt.): $16, 620 Ann. M-M. Unit 2R (2 Br. Apt.): $28, 200 Ann. Unit 2L (2 Br. Apt.): $28, 200 Ann. Unit 3R (2 Br. Apt.): $28, 704 Ann. Unit 3L (2 Br. Apt.): $20, 700 Ann. Unit 4R (2 Br. Apt.): $27, 600 Ann. Unit 4L (2 Br. Apt.): $28, 200 Ann. Gross Income: $206, 880 Ann. Expenses: Gas : $5, 000 Ann. (Heat + Hot Water Only For Entire Building) Electric: $720 Ann. Water + Sewer: $5, 000 Ann. Insurance: $6, 000 Ann. Taxes: $16, 010.16 Ann. Total Expenses: $32, 730.16 Ann. Net Operating Income (NOI): $174, 149.94 (7.74 Cap!!!) , or 8
    1309 Lincoln Place Crown Heights, NY 11213
    $2,250,000
    Mixed Use Commercial ML# 3503961
    Calling All Investors, Developers, & End-Users!!! 100% Occupied 8 Unit Apartment Building In Crown Heights For Sale!!! The Property Features Excellent Signage, Great Exposure, Strong R6/C1-3 Zoning, 6 Parking Spaces, High Ceilings, Separate Meters, Low Property Taxes, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Crown Heights In Between Atlantic Ave. & Eastern Pkwy.!!! The Property Is Situated Minutes From The Barclays Center, Brooklyn Children’s Museum & The Prospect Park Zoo!!! Neighbors Include UPS, The Home Depot, Dunkin’, CubeSmart Self Storage, Walgreens, AutoZone, Planet Fitness, Blink Fitness, GameStop, Baskin-Robbins, Mobil, McDonald’s, Mavis Discount Tire, Family Dollar, Wendy’s, White Castle, KFC, +++!!! This Property Offers HUGE Upside Potential!!! Income: Unit 1R (2 Br. Apt.): $28, 656 Ann. M-M. Unit 1L (2 Br. Apt.): $16, 620 Ann. M-M. Unit 2R (2 Br. Apt.): $28, 200 Ann. Unit 2L (2 Br. Apt.): $28, 200 Ann. Unit 3R (2 Br. Apt.): $28, 704 Ann. Unit 3L (2 Br. Apt.): $20, 700 Ann. Unit 4R (2 Br. Apt.): $27, 600 Ann. Unit 4L (2 Br. Apt.): $28, 200 Ann. Gross Income: $206, 880 Ann. Expenses: Gas : $5, 000 Ann. (Heat + Hot Water Only For Entire Building) Electric: $720 Ann. Water + Sewer: $5, 000 Ann. Insurance: $6, 000 Ann. Taxes: $16, 010.16 Ann. Total Expenses: $32, 730.16 Ann. Net Operating Income (NOI): $174, 149.94 (7.74 Cap!!!) , or
    Presented By: All Island Estates Realty Corp  516-783-5600
    Call Today: 516-783-5600, (516) 279-8828, 516-279-8828, or  Email: Richard Matt Shane
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OneKey™ MLS The data relating to real estate for sale on this web site comes in part from the OneKey™ MLS. Real Estate listings held by brokerage firms other than All Island Estates Realty Corp are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

516.783.5600

3242 Railroad Ave., Wantagh, NY 11793


516.783.4540

3950 Merrick Road, Seaford, NY 11783, USA

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