Overview

Calling All Investors, Developers & End-Users!!! Renovated 8.4 Cap, 8 Unit Mixed-Use Corner Building For Sale!!! Located The Heart of Brooklyn The Building Features 2 Storefronts, 6 Apartments, Great Exposure, Excellent Signage, +++!!! Neighbors Include Checkers, RiteAid, Key Food, Domino’s, +++!!! Income: Deli: $42, 000 Ann.; Lease Exp. 2028; 3% Ann. Inc.; Been Here Since 2000 (920 Sqft.) Retail/ Office: $26, 800 Ann. (460 Sqft.) (Available) Income: 2L: $19, 056 Ann. 2R: $21, 600 Ann. 3L: $38, 400 Ann. (Free Market) 3R: $18, 840 Ann. 4L: $19, 800 Ann. 4R: $24, 000 Ann Gross Income: $210, 496 Expenses: Gas: $4, 800 Electric: $1, 080 (Hallway Only) Maintenance & Repairs: $250 Insurance: $3, 800 Taxes: $15, 000 Water: $2, 500 Total Expenses: $27, 430 Net Operating Income (NOI): $183, 066 (8.4 Cap!!!)