Price Reduced 9.65%
Price History
$3,750,000
9/18/2023
$3,588,000
10/20/2023
$3,688,000
10/20/2023
$3,575,000
11/30/2023
$3,388,000
3/4/2024
1931
Calling All Investors, Developers & End-Users!!! 100% Occupied 9.44 Cap 19 Unit Apartment Building In Brooklyn For Sale!!! The Building Features Great Exposure, Excellent Signage, Strong R7A Zoning, 6 Parking Spaces, High 10' Ceilings, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Brooklyn Just 1 Block From Rt. 27 Near Prospect Park Lake & The Brooklyn Museum!!! Neighbors Include UPS, FedEx, CubeSmart Self Storage, Target, ShopRite, AutoZone, Bank Of America, Optimum, Blink Fitness, Planet Fitness, Key Food, Dunkin', Walgreens, McDonald's, BP Gas, Taco Bell, Duane Reade, Dollar Tree, Five Below, Subway, National Wholesale Liquidators, Aldi, IHOP, Wendy's, KFC, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or A Nice Addition To Your Investment Portfolio!!! Income: Apt. 1A (3 Br., 1 Bath): $38,400 Ann. (Available) Apt. 1B (2 Br. 1 Bath): $15,996.36 Ann.; Lease Exp.: 12/31/23. Apt. 1C (2 Br. 1 Bath): $16,512.72 Ann.; Lease Exp.: 5/31/24. Apt. 1D (2 Br. 1 Bath): $15,271.44 Ann.; Lease Exp.: 3/31/24. Apt. 2A (1 Br. 1 Bath): $14,223.48 Ann.; Lease Exp.: 12/31/23. Apt. 2B (2 Br. 1 Bath): $15,877.32 Ann.; Lease Exp.: 3/31/25. Apt. 2C (2 Br. 1 Bath): $13,372.72 Ann.; Lease Exp.: 10/31/25. Apt. 2D (2 Br. 1 Bath): $17,496.24 Ann.; Lease Exp.: 8/31/24. Apt. 2E (1 Br. 1 Bath): $15,069.36 Ann.; Lease Exp.: 3/31/24. Apt. 3A (2 Br. 1 Bath): $24,972 Ann.; Lease Exp.: 9/30/25. Apt. 3B (3 Br. 1 Bath): $37,727.52 Ann.; Lease Exp.: 8/31/24. Apt. 3C (2 Br. 1 Bath): $17,674.32 Ann.; Lease Exp.: 8/31/25. Apt. 3D (2 Br. 1 Bath): $18,054.96 Ann.; Lease Exp.: 1/31/24. Apt. 3E (1 Br. 1 Bath): $9,181.80 Ann.; Lease Exp.: 1/31/24. Apt. 4A (1 Br. 1 Bath): $8,503.08 Ann.; Lease Exp.: 7/31/24. Apt. 4B (3 Br. 1 Bath): $ 38,751.24Ann.; Lease Exp.: 8/31/24. Apt. 4C (2 Br. 1 Bath): $17,682 Ann.; Lease Exp.: 4/30/24. Apt. 4F (1 Br. 1 Bath): $32,388 Ann.; Lease Exp.: 12/31/23. Apt. 4G (2 Br. 1 Bath): $35,940 Ann.; Lease Exp.: 7/31/24. Gross Income: $403,064.56 Ann.
Status:
Active
Type:
Commercial
Units:
19
Zoning:
R7A
Levels:
4
Acreage:
0.16
Est. Taxes:
$38,707
Current Use
Residential
MLS #:
3505321
Community Info
School Info
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Listing courtesy of All Island Estates Realty Corp 516-783-5600