Incredible Investment Opportunity - Mixed Use Building for sale in Sunset Park. This 3 family + 1 Store/Office is located on busy 4th Avenue.
This 4,000 Square Feet building consists of 3 residential apartments located on the 4th, 3rd, & 2nd floor. Each apartment has 3 Bedrooms, Kitchen, Living Room, and a Full Bathroom.
The 1st floor commercial space has access to the finished basement giving it flexibility.
R7A / C2-4 Zoning, FAR 2.47, Annual R.E. taxes are $17,295. Store and 2nd floor currently vacant, others can be delivered vacant as well. Projected Annual Rent Roll = $150,000. Actual Annual Expenses = $30,000. Projected NOI = $120,000. 5+% CAP
Super prime, heavy foot traffic location near everything and across the street from the subway! Come take a look for yourself.
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DAYS ON MARKET
|
169
|
LAST UPDATED
|
5/3/2024
|
|
YEAR BUILT
|
1931
|
COMMUNITY
|
Sunset Park
|
|
COUNTY
|
Kings
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STATUS
|
Active
|
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PROPERTY TYPE(S)
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Multi Family
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|
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| APPLIANCES |
Gas Water Heater |
| AREA |
Sunset Park |
| BASEMENT |
Finished, Full, Yes |
| CONSTRUCTION |
Brick |
| HEAT |
Hot Water, Natural Gas |
| LOT |
1742 sq ft |
| LOT DIMENSIONS |
81 x 20 |
| STORIES |
4 |
| TAXES |
17295 |
| ZONING |
R7A |
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Listing provided by Danny D. Chung, Pride Estates
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