Mixed use brick building for sale. Two apartments on the 2nd floor and 1 store on the 1st floor. Lot:18 ft x 90.5 ft, Building size 18 ft x 54 ft, Zoning R5D, C1-3.
Located in this very high foot traffic area of Brooklyn on Avenue L and E 92nd St. Great location near by bus stations, schools and lots of other commercial stores.
This building generates a very good income with good pay tenants. Low RE TAX and maintenance fee. Good Cap Rate Over 6.7%. Great Investment, Don't miss!
9208 Avenue L, Brooklyn, NY, 11236
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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