1742 Flatbush Avenue, Midwood, NY 11210

  • $930,000
  • $970,000
Active
1742 Flatbush Avenue, Midwood, NY 11210
  • $930,000
  • $970,000

Overview

Property ID: 3557111
  • Mixed Use, Commercial Sale
  • Property Type
  • 1920
  • Year Built

Description

Calling All Investors, Developers, & End-Users!!! Free Market Mixed-Use Building On Flatbush Ave. For Sale!!! The Property Features Excellent Signage, Great Exposure, Free Market 2Br. Apt., Strong R5/C2-2 Zoning, High 9′ Ceilings, Low Property Taxes, Separate Meters, 200 Amp Power, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Brooklyn Only A Few Blocks From Kings Highway!!! Neighbors Include Starbucks, Toyota, Acura, Honda, USPS, UPS, Chase Bank, T-Mobile, Target, ShopRite, Optimum, Staples, LIfe Storage, Dunkin’, AutoZone, Dollar Tree, Key Food, YMCA, CityMD, Aldi, +++!!! The Entire Building Can Be Delivered Vacant If Need Be! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site / The Next Home For Your Business!!! Income: Grocery Store (990 Sqft. + 990 Sqft. LL): $36,000 Ann.; M-M. 2nd Floor Apt. (2 Br., 1 Bath, W/D): $30,000 Ann. Gut Renovated in 2012. (Available) Pro Forma Gross Income: $66,000 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Maintenance & Repairs: $250 Ann. Insurance: $2,800 Ann. Taxes: $2,826.96 Ann. Trash: $0 Water & Sewer: $500 Ann. Total Expenses: $6,376.96 Ann. Net Operating Income (NOI): $59,623.04 Ann.

Details

Updated on October 17, 2024 at 1:29 pm
  • Property ID: 3557111
  • Price: $930,000
  • Land Area: 0.03 Acres
  • Garage Size: x x
  • Year Built: 1920
  • Property Type: Mixed Use, Commercial Sale
  • Property Status: Active

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
$
%
%
%

Contact Information

View Listings

Enquire About This Property

Compare listings

Compare
Jerry Wang
  • Jerry Wang