$2,499,988

747 Flushing Avenue , Brooklyn, NY 11206

 
Bedrooms:6 beds
Bathrooms:2 baths
(None specified):3,483 sqft
Lot:0
Year Built:--
Listing Status:Active

Listing Agent

Hans Campana
Loan Amount:
Interest:
Term (Years):
Annual Tax:
Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

MIXED-USE BUILDING FOR SALE IN EAST WILLIAMSBURG BROOKLYN - BROADWAY TRIANGLE PROPERTY OVERVIEW: Mixed-Use Building with 1 store and 2 apartments on the second and third floors. Lot Size: 21.33 x 83.25 Building: 21.33 x 60 BUILDING: 3,843 Sq. Ft. w/ an allowance to build an additional 1,838 Sq. Ft. Basement includes storage space, and a boiler room with separate access. All tenants responsible for their own utilities. Separate electric meters and two separate boilers for residential tenants. Favorable low taxes $4,318 Conveniently situated across the street from Woodhull Hospital. Half a block from the J & M trains - Flushing Avenue Station. B43 & B57 Buses. PROJECTED MARKET RENTS with NEW LEASES: (currently no leases on residential units) 3-bedroom apartment: $5,100; Current rent $2,100 3-bedroom apartment: $5,100; Current rent $2,100 Commercial/Restaurant: $5,000 (5 year Lease w/ 3% annual increase); Current rent $5,000 w/3% annual increase. Annual Expense: Taxes $4,318 Water $2,000 Electric $3,600 Insurance $5,000 Total $14,918 Projected Total Income: $15,200 Annual Income: $182,400 Less Expenses: 14,918 Projected NOI: $167,482 Projected Cap Rate: 6.7% HPD APPROVED A MASS DEVELOPMENT PROJECT IN BROADWAY TRIANGLE OF NEARLY 400 APARTMENTS. GREAT OPPORTUNITY AWAITS IN THIS SECTOR OF BROOKLYN.

Detailed Items

Other Information

747 Flushing Avenue, Brooklyn, NY, 11206 is a (none specified) listing of 3,483 sqft on a lot of 0. This (none specified) listing has 6 bedrooms, and 2 baths. The map for this location can be viewed on Google maps at Google maps to property747 Flushing Avenue, Brooklyn, NY
Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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