747 Flushing Avenue
East Williamsburg,
NY
11206
Property Details
List Price: |
$2,499,988 |
Beds: |
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Baths: |
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Status: |
Active |
SqFt: |
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Agency: |
ONE STOP MULTISERVICE INC |
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Description/Comments
Lot Size: |
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Property Type: |
Commercial |
Year Built: |
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Notes: |
MIXED-USE BUILDING FOR SALE IN PRIME EAST WILLIAMSBURG LOCATION, BROOKLYN A DYNAMIC INVESTMENT IN A THRIVING NEIGHBORHOOD Unlock the potential of this mixed-use building located in the heart of East Williamsburg, Brooklyn. Offering a blend of residential and commercial spaces, this property presents an exceptional opportunity for investors seeking both stability and growth. FEATURES: Two spacious 3-bedroom apartments with versatile box rooms. Favorable low taxes for efficient financial management. Conveniently situated just half a block from the J, M train, facilitating easy transportation access Flushing Avenue Station. B43, B57 Buses. Woodhull Hospital. Commercial space leased as a restaurant with a secure 5-year lease in place747 Flushing Ave. East Williamsburg, Brooklyn. TAXES - $4,317 BUILDING: 3,843 Sq. Ft. w/ an allowance to build an additional 1,838 Sq. Ft. TENANTS: RESTAURANT 1,267 Sq. Ft. - Rent: $5,000. Lease: 5 years 2nd FL TENANT (NO LEASE) - 1,286 Sq. Ft. 3 Bedroom / 1 Bath Rent: $2,000. MARKET RENTS: $5,100 3rd FL TENANT (NO LEASE) - 1,286 Sq. Ft. 3 Bedroom / 1 Bath Rent: $2,200. MARKET RENTS: $5,100 *All tenants pay their own utilities. Heat, gas, and electric. NOI with MARKET RENTS (Pro-Forma) $167,482 ; Cap Rate 6.7% |
MlsNumber: |
3535788 |
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Listing Provided By: |
ONE STOP MULTISERVICE INC, original listing |
Name: |
ONE STOP MULTISERVICE INC |
Phone: |
(718) 554-0257 |
Office Name: |
One Stop Multi Service Inc |
Office Phone: |
(718) 554-0257 |
Agent Name: |
Hans Campana |
Disclaimer: |
Copyright © 2024 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |