ID 10373
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THREE STORY NEWLY BUILT THREE FAMILY BUILDING FOR SALE EXCELLENT INVESTMENT/USER OPPORTUNITY
941 BROOKLYN AVENUE
BROOKLYN, NEW YORK
Location: Brooklyn Avenue between Church and Snyder Avenues
Lot Size: 46’ x 77’
Building Size: Basement: 35’ x 31’ = 1,080 1st Floor: 35’ x 31’ = 1,080
2nd Floor: 35’ x 31’ = 1,080
3rd Floor: 35’ x 31’ = 1,080
Stories: Three (3)
Gross Square Feet: 3,240 (Approximately)
Zoning: (FAR)
Total Buildable Sq Ft:
R5 (1.5) Height Limit 40’ 5,419
Total Available Air Rights: 2,179
Assessment:
Real Estate Taxes: Description:
First Floor:
Second Floor: Third Floor:
$64,724 (24/25)
$12,843.20
A 35’ wide three-unit three story newly built building. The property has a front yard, side and backyard which can be used for parking.
The first floor unit is a three bedroom duplex apartment. The unit has a front bedroom, to the back are two bedrooms with one having access to the backyard. To the middle of the apartment is the full kitchen and living/dining area. The apartment also has a public half bathroom. The basement has a big living/reaction area along with a half bathroom. The basement also has access to the backyard. The apartment has it’s own utility room, which was the electric water heater and space for washer & dryer. The HVAC appliance is in each room.
The second floor unit is also a three bedroom apartment. The unit has a bedroom located at the front. To the middle is the full kitchen, and living/dining area. The master bedroom is located to the back along with another bedroom next to it. There is also a public half bathroom along with a room for the electric water heater and washer & dryer.
The third floor unit is also a three bedroom apartment. The unit has a bedroom located at the front. To the middle is the full kitchen, and living/dining area. The master bedroom is located to the back along with another bedroom next to it. There is also a public half bathroom along with a room for the electric water heater and washer & dryer.
The apartments have nice wood floors, good size bedrooms with enough closet space. The bathrooms are beautifully tiled, the kitchens have nice wood cabinets and modern appliances. The units get great sunlight, and the hallways are beautifully tiled
The property is a prime investment opportunity, since the units are free market an investor can add value by updating the apartments every two years to increase the rents. Since the property has 874 square feet of air rights, this can be used to create a duplex apartment for the top unit. The side of the corner wall can be used for bill board marketing.
The building is also a great user opportunity, a user can use the first floor duplex apartment to live in and rent out the upper floors for income.
The property is located on Brooklyn Avenue which has good residential exposure. Church Avenue has all the fine retail stores, the 2 & 5 trains is located on Church & Nostrand Avenue which is six blocks away.
Income:
Unit Description Unit Type Proj Lxp First Floor: 1 3 Bd Apt Duplex Free Market $4,200 Vacant
Second Floor: 2 3 Bd Apt Free Market $3,200 Vacant
Third Floor: 3 3 Bd Apt Free Market $3,200 Vacant Monthly Income: $10,600 Annual Income: $127,200
Expenses:
Real Estate Taxes: $12,843.20 Water & Sewer: $3,200.00 Insurance: $3,200.00 Heat (Electric): Paid By Tenants $0.00 Electric: (common areas) $1,200.00
Repairs & Maintenance: Total Annual Expenses
$1,400.00 $21,843.20
Projected Net Operating Income: $105,356
ASKING PRICE: $2,100,000.00 Cap Rate 5.0%
======================================
THREE STORY NEWLY BUILT THREE FAMILY BUILDING FOR SALE EXCELLENT INVESTMENT/USER OPPORTUNITY
BROOKLYN AVENUE
BROOKLYN, NEW YORK
Location: Brooklyn Avenue between Church and Snyder Avenues
Lot Size: 19’ x 100’
Building Size: Basement: 19’ x 55’ = 1,029 1st Floor: 19’ x 55’ = 1,029
2nd Floor: 19’ x 55’ = 1,029
3rd Floor: 19’ x 55’ = 1,029
Stories: Three (3)
Gross Square Feet: 3,088 (Approximately)
Zoning: (FAR)
Total Buildable Square Feet:
R5 (1.5) Height Limit 40’ 3,010
Total Available Air Rights: No Air Rights
Assessment:
Real Estate Taxes: Description:
First Floor:
Second Floor: Third Floor:
$47,280 (24/25)
$9,381.80
A 19’ wide three-unit, three story newly built building. The property has a driveway and a two car garage on the ground floor.
The first floor unit is a three bedroom duplex apartment. The unit has a front bedroom, to the back is a master bedroom which has access to the backyard. Next to it is the third bedroom. To the middle of the apartment is the full kitchen and living/dining area. The apartment also has a public half bathroom. The basement has a big living/reaction area along with a half bathroom. The basement also has access to the backyard. The apartment has it’s own utility room, which was the electric water heater and space for washer & dryer. The HVAC appliance is in each room.
The second floor unit is also a three bedroom apartment. The unit has a bedroom located at the front. To the middle is the full kitchen, and living/dining area. The master bedroom is located to the back along with another bedroom next to it. There is also a public half bathroom along with a room for the electric water heater and washer & dryer.
The third floor unit is also a three bedroom apartment. The unit has a bedroom located at the front. To the middle is the full kitchen, and living/dining area. The master bedroom is located to the back along with another bedroom next to it. There is also a public half bathroom along with a room for the electric water heater and washer & dryer.
The apartments have nice wood floors, good size bedrooms with enough closet space. The bathrooms are beautifully tiled, the kitchens have nice wood cabinets and modern appliances. The units get great sunlight, and the hallways are beautifully tiled
The property is a prime investment opportunity, since the units are free market an investor can add value by updating the apartments every two years to increase the rents.
The building is also a great user opportunity, a user can use the first floor duplex apartment to live in and rent out the upper floors for income.
The property is located on Brooklyn Avenue which has good residential exposure. Church Avenue has all the fine retail stores, the 2 & 5 trains is located on Church & Nostrand Avenue which is six blocks away.
Income:
Unit Description Unit Type Proj Lxp First Floor: 1 3 Bd Apt Duplex Free Market $4,200 Vacant
Second Floor: 2 3 Bd Apt Free Market $3,200 Vacant
Third Floor: 3 3 Bd Apt Free Market $3,200 Vacant Monthly Income: $10,600 Annual Income: $127,200
Expenses:
Real Estate Taxes: $9,381.80 Water & Sewer: $3,200.00 Insurance: $3,200.00 Heat (Electric): Paid By Tenants $0.00 Electric: (common areas) $1,200.00
Repairs & Maintenance: Total Annual Expenses
$1,400.00 $18,381.80
Projected Net Operating Income: $108,818.2
ASKING PRICE: $1,900,000.00 Cap Rate 5.7%
=======
THREE STORY NEWLY BUILT THREE FAMILY BUILDING FOR SALE EXCELLENT INVESTMENT/USER OPPORTUNITY
941 BROOKLYN AVENUE
BROOKLYN, NEW YORK
Location: Brooklyn Avenue between Church and Snyder Avenues
Lot Size: 46’ x 77’
Building Size: Basement: 35’ x 31’ = 1,080 1st Floor: 35’ x 31’ = 1,080
2nd Floor: 35’ x 31’ = 1,080
3rd Floor: 35’ x 31’ = 1,080
Stories: Three (3)
Gross Square Feet: 3,240 (Approximately)
Zoning: (FAR)
Total Buildable Sq Ft:
R5 (1.5) Height Limit 40’ 5,419
Total Available Air Rights: 2,179
Assessment:
Real Estate Taxes: Description:
First Floor:
Second Floor: Third Floor:
$64,724 (24/25)
$12,843.20
A 35’ wide three-unit three story newly built building. The property has a front yard, side and backyard which can be used for parking.
The first floor unit is a three bedroom duplex apartment. The unit has a front bedroom, to the back are two bedrooms with one having access to the backyard. To the middle of the apartment is the full kitchen and living/dining area. The apartment also has a public half bathroom. The basement has a big living/reaction area along with a half bathroom. The basement also has access to the backyard. The apartment has it’s own utility room, which was the electric water heater and space for washer & dryer. The HVAC appliance is in each room.
The second floor unit is also a three bedroom apartment. The unit has a bedroom located at the front. To the middle is the full kitchen, and living/dining area. The master bedroom is located to the back along with another bedroom next to it. There is also a public half bathroom along with a room for the electric water heater and washer & dryer.
The third floor unit is also a three bedroom apartment. The unit has a bedroom located at the front. To the middle is the full kitchen, and living/dining area. The master bedroom is located to the back along with another bedroom next to it. There is also a public half bathroom along with a room for the electric water heater and washer & dryer.
The apartments have nice wood floors, good size bedrooms with enough closet space. The bathrooms are beautifully tiled, the kitchens have nice wood cabinets and modern appliances. The units get great sunlight, and the hallways are beautifully tiled
The property is a prime investment opportunity, since the units are free market an investor can add value by updating the apartments every two years to increase the rents. Since the property has 874 square feet of air rights, this can be used to create a duplex apartment for the top unit. The side of the corner wall can be used for bill board marketing.
The building is also a great user opportunity, a user can use the first floor duplex apartment to live in and rent out the upper floors for income.
The property is located on Brooklyn Avenue which has good residential exposure. Church Avenue has all the fine retail stores, the 2 & 5 trains is located on Church & Nostrand Avenue which is six blocks away.
Income:
Unit Description Unit Type Proj Lxp First Floor: 1 3 Bd Apt Duplex Free Market $4,200 Vacant
Second Floor: 2 3 Bd Apt Free Market $3,200 Vacant
Third Floor: 3 3 Bd Apt Free Market $3,200 Vacant Monthly Income: $10,600 Annual Income: $127,200
Expenses:
Real Estate Taxes: $12,843.20 Water & Sewer: $3,200.00 Insurance: $3,200.00 Heat (Electric): Paid By Tenants $0.00 Electric: (common areas) $1,200.00
Repairs & Maintenance: Total Annual Expenses
$1,400.00 $21,843.20
Projected Net Operating Income: $105,356
ASKING PRICE: $2,100,000.00 Cap Rate 5.0%
======================================
THREE STORY NEWLY BUILT THREE FAMILY BUILDING FOR SALE EXCELLENT INVESTMENT/USER OPPORTUNITY
BROOKLYN AVENUE
BROOKLYN, NEW YORK
Location: Brooklyn Avenue between Church and Snyder Avenues
Lot Size: 19’ x 100’
Building Size: Basement: 19’ x 55’ = 1,029 1st Floor: 19’ x 55’ = 1,029
2nd Floor: 19’ x 55’ = 1,029
3rd Floor: 19’ x 55’ = 1,029
Stories: Three (3)
Gross Square Feet: 3,088 (Approximately)
Zoning: (FAR)
Total Buildable Square Feet:
R5 (1.5) Height Limit 40’ 3,010
Total Available Air Rights: No Air Rights
Assessment:
Real Estate Taxes: Description:
First Floor:
Second Floor: Third Floor:
$47,280 (24/25)
$9,381.80
A 19’ wide three-unit, three story newly built building. The property has a driveway and a two car garage on the ground floor.
The first floor unit is a three bedroom duplex apartment. The unit has a front bedroom, to the back is a master bedroom which has access to the backyard. Next to it is the third bedroom. To the middle of the apartment is the full kitchen and living/dining area. The apartment also has a public half bathroom. The basement has a big living/reaction area along with a half bathroom. The basement also has access to the backyard. The apartment has it’s own utility room, which was the electric water heater and space for washer & dryer. The HVAC appliance is in each room.
The second floor unit is also a three bedroom apartment. The unit has a bedroom located at the front. To the middle is the full kitchen, and living/dining area. The master bedroom is located to the back along with another bedroom next to it. There is also a public half bathroom along with a room for the electric water heater and washer & dryer.
The third floor unit is also a three bedroom apartment. The unit has a bedroom located at the front. To the middle is the full kitchen, and living/dining area. The master bedroom is located to the back along with another bedroom next to it. There is also a public half bathroom along with a room for the electric water heater and washer & dryer.
The apartments have nice wood floors, good size bedrooms with enough closet space. The bathrooms are beautifully tiled, the kitchens have nice wood cabinets and modern appliances. The units get great sunlight, and the hallways are beautifully tiled
The property is a prime investment opportunity, since the units are free market an investor can add value by updating the apartments every two years to increase the rents.
The building is also a great user opportunity, a user can use the first floor duplex apartment to live in and rent out the upper floors for income.
The property is located on Brooklyn Avenue which has good residential exposure. Church Avenue has all the fine retail stores, the 2 & 5 trains is located on Church & Nostrand Avenue which is six blocks away.
Income:
Unit Description Unit Type Proj Lxp First Floor: 1 3 Bd Apt Duplex Free Market $4,200 Vacant
Second Floor: 2 3 Bd Apt Free Market $3,200 Vacant
Third Floor: 3 3 Bd Apt Free Market $3,200 Vacant Monthly Income: $10,600 Annual Income: $127,200
Expenses:
Real Estate Taxes: $9,381.80 Water & Sewer: $3,200.00 Insurance: $3,200.00 Heat (Electric): Paid By Tenants $0.00 Electric: (common areas) $1,200.00
Repairs & Maintenance: Total Annual Expenses
$1,400.00 $18,381.80
Projected Net Operating Income: $108,818.2
ASKING PRICE: $1,900,000.00 Cap Rate 5.7%
ID 10373
=======
THREE STORY NEWLY BUILT THREE FAMILY BUILDING FOR SALE EXCELLENT INVESTMENT/USER OPPORTUNITY
941 BROOKLYN AVENUE
BROOKLYN, NEW YORK
Location: Brooklyn Avenue between Church and Snyder Avenues
Lot Size: 46’ x 77’
Building Size: Basement: 35’ x 31’ = 1,080 1st Floor: 35’ x 31’ = 1,080
2nd Floor: 35’ x 31’ = 1,080
3rd Floor: 35’ x 31’ = 1,080
Stories: Three (3)
Gross Square Feet: 3,240 (Approximately)
Zoning: (FAR)
Total Buildable Sq Ft:
R5 (1.5) Height Limit 40’ 5,419
Total Available Air Rights: 2,179
Assessment:
Real Estate Taxes: Description:
First Floor:
Second Floor: Third Floor:
$64,724 (24/25)
$12,843.20
A 35’ wide three-unit three story newly built building. The property has a front yard, side and backyard which can be used for parking.
The first floor unit is a three bedroom duplex apartment. The unit has a front bedroom, to the back are two bedrooms with one having access to the backyard. To the middle of the apartment is the full kitchen and living/dining area. The apartment also has a public half bathroom. The basement has a big living/reaction area along with a half bathroom. The basement also has access to the backyard. The apartment has it’s own utility room, which was the electric water heater and space for washer & dryer. The HVAC appliance is in each room.
The second floor unit is also a three bedroom apartment. The unit has a bedroom located at the front. To the middle is the full kitchen, and living/dining area. The master bedroom is located to the back along with another bedroom next to it. There is also a public half bathroom along with a room for the electric water heater and washer & dryer.
The third floor unit is also a three bedroom apartment. The unit has a bedroom located at the front. To the middle is the full kitchen, and living/dining area. The master bedroom is located to the back along with another bedroom next to it. There is also a public half bathroom along with a room for the electric water heater and washer & dryer.
The apartments have nice wood floors, good size bedrooms with enough closet space. The bathrooms are beautifully tiled, the kitchens have nice wood cabinets and modern appliances. The units get great sunlight, and the hallways are beautifully tiled
The property is a prime investment opportunity, since the units are free market an investor can add value by updating the apartments every two years to increase the rents. Since the property has 874 square feet of air rights, this can be used to create a duplex apartment for the top unit. The side of the corner wall can be used for bill board marketing.
The building is also a great user opportunity, a user can use the first floor duplex apartment to live in and rent out the upper floors for income.
The property is located on Brooklyn Avenue which has good residential exposure. Church Avenue has all the fine retail stores, the 2 & 5 trains is located on Church & Nostrand Avenue which is six blocks away.
Income:
Unit Description Unit Type Proj Lxp First Floor: 1 3 Bd Apt Duplex Free Market $4,200 Vacant
Second Floor: 2 3 Bd Apt Free Market $3,200 Vacant
Third Floor: 3 3 Bd Apt Free Market $3,200 Vacant Monthly Income: $10,600 Annual Income: $127,200
Expenses:
Real Estate Taxes: $12,843.20 Water & Sewer: $3,200.00 Insurance: $3,200.00 Heat (Electric): Paid By Tenants $0.00 Electric: (common areas) $1,200.00
Repairs & Maintenance: Total Annual Expenses
$1,400.00 $21,843.20
Projected Net Operating Income: $105,356
ASKING PRICE: $2,100,000.00 Cap Rate 5.0%
======================================
THREE STORY NEWLY BUILT THREE FAMILY BUILDING FOR SALE EXCELLENT INVESTMENT/USER OPPORTUNITY
BROOKLYN AVENUE
BROOKLYN, NEW YORK
Location: Brooklyn Avenue between Church and Snyder Avenues
Lot Size: 19’ x 100’
Building Size: Basement: 19’ x 55’ = 1,029 1st Floor: 19’ x 55’ = 1,029
2nd Floor: 19’ x 55’ = 1,029
3rd Floor: 19’ x 55’ = 1,029
Stories: Three (3)
Gross Square Feet: 3,088 (Approximately)
Zoning: (FAR)
Total Buildable Square Feet:
R5 (1.5) Height Limit 40’ 3,010
Total Available Air Rights: No Air Rights
Assessment:
Real Estate Taxes: Description:
First Floor:
Second Floor: Third Floor:
$47,280 (24/25)
$9,381.80
A 19’ wide three-unit, three story newly built building. The property has a driveway and a two car garage on the ground floor.
The first floor unit is a three bedroom duplex apartment. The unit has a front bedroom, to the back is a master bedroom which has access to the backyard. Next to it is the third bedroom. To the middle of the apartment is the full kitchen and living/dining area. The apartment also has a public half bathroom. The basement has a big living/reaction area along with a half bathroom. The basement also has access to the backyard. The apartment has it’s own utility room, which was the electric water heater and space for washer & dryer. The HVAC appliance is in each room.
The second floor unit is also a three bedroom apartment. The unit has a bedroom located at the front. To the middle is the full kitchen, and living/dining area. The master bedroom is located to the back along with another bedroom next to it. There is also a public half bathroom along with a room for the electric water heater and washer & dryer.
The third floor unit is also a three bedroom apartment. The unit has a bedroom located at the front. To the middle is the full kitchen, and living/dining area. The master bedroom is located to the back along with another bedroom next to it. There is also a public half bathroom along with a room for the electric water heater and washer & dryer.
The apartments have nice wood floors, good size bedrooms with enough closet space. The bathrooms are beautifully tiled, the kitchens have nice wood cabinets and modern appliances. The units get great sunlight, and the hallways are beautifully tiled
The property is a prime investment opportunity, since the units are free market an investor can add value by updating the apartments every two years to increase the rents.
The building is also a great user opportunity, a user can use the first floor duplex apartment to live in and rent out the upper floors for income.
The property is located on Brooklyn Avenue which has good residential exposure. Church Avenue has all the fine retail stores, the 2 & 5 trains is located on Church & Nostrand Avenue which is six blocks away.
Income:
Unit Description Unit Type Proj Lxp First Floor: 1 3 Bd Apt Duplex Free Market $4,200 Vacant
Second Floor: 2 3 Bd Apt Free Market $3,200 Vacant
Third Floor: 3 3 Bd Apt Free Market $3,200 Vacant Monthly Income: $10,600 Annual Income: $127,200
Expenses:
Real Estate Taxes: $9,381.80 Water & Sewer: $3,200.00 Insurance: $3,200.00 Heat (Electric): Paid By Tenants $0.00 Electric: (common areas) $1,200.00
Repairs & Maintenance: Total Annual Expenses
$1,400.00 $18,381.80
Projected Net Operating Income: $108,818.2
ASKING PRICE: $1,900,000.00 Cap Rate 5.7%
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