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3554-3566 Nostrand Avenue

BROOKLYN, NY 11229
  • $3,350,000
  • STATUS: Active
  • ON SITE: 281 Days
  • MLS #: 448658
UPDATED: 43 min ago
$3,350,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,764
    SQFT
  • $581
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1961

School Ratings & Info

Description

CALLING ALL INVESTORS!!! THIS IS A GREAT OPPORTUNITY TO OWN THIS 7 UNITS RETAIL PROPERTY LOCATE ON A VERY BUSY STREET. 96X61 ON A 100X105 LOT. PRIMARY ZONING R4, COMMERCIAL OVERLAY C1-2. GROSS INCOME: $203,117/YEAR, TOTAL EXPENSE APPROXIMATE $34,932.52/YEAR, NOI: $168,184.48/YEAR. CAP RATE 4.8%. HIGHLY COOPERATIVE LISTING AGENTS AND MOTIVATED SELLER. DONT'S MISS THIS ASTOUNDING CHANCE!

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© 2021 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Carollo Real Estate. Data last updated: 2021-12-04T18:00:25.083.
www.carollorealestate.com/homes/114529792
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3554-3566 Nostrand Avenue BROOKLYN, NY 11229

  • Price: $3,350,000
  • Status: Active
  • On Site: 281 Days
  • Updated: 43 min ago
  • MLS #: 448658
0
Beds
0
Baths
0
½ Baths
0.24
Acres
5,764
SQFT
$581
$/SQFT
1961
Built
Neighborhood:
Brooklyn
County:
Kings (Brooklyn)
Area:
Sheepshead Bay
Property Description
CALLING ALL INVESTORS!!! THIS IS A GREAT OPPORTUNITY TO OWN THIS 7 UNITS RETAIL PROPERTY LOCATE ON A VERY BUSY STREET. 96X61 ON A 100X105 LOT. PRIMARY ZONING R4, COMMERCIAL OVERLAY C1-2. GROSS INCOME: $203,117/YEAR, TOTAL EXPENSE APPROXIMATE $34,932.52/YEAR, NOI: $168,184.48/YEAR. CAP RATE 4.8%. HIGHLY COOPERATIVE LISTING AGENTS AND MOTIVATED SELLER. DONT'S MISS THIS ASTOUNDING CHANCE!
Exterior Features

Building Length 61.00 Building Width 96.00 Commercial Features Exterior Other Construction Materials Brick Exterior Brick Loading Docks None Lot Size Length 105 Lot Size Width 100 Parking Feature None Roof Rubber Water Front Present No

Interior Features

Basement Amenities Semi-Finished Building Footprint Sq Ft 5856 Ceiling Height Other Commercial Features Interior Other Foundation Details Poured Concrete Lavatories 4+ Walls Poured Concrete

Property Features

ACUnits 5+ Commercial Condo 0 Construction Type Detached Cross Street Name Ave V Cross Street Name2 Ave W Current Use Retail Electric Circuit Breakers Financing Bank MortgageCash Fuel Expense 0.00 Gross Income 203117 Heating Fuel Gas Insurance Expense 5000.00 Lot Size Irregular YN 0 Miscellaneous Expense 0.00 Net Operating Income 168184.48 Number Of Stores 7 Potential Use Retail Property Sub Type Store Property Type Commercial Sale Type Arm's Length Tax Amount 29932.52 Transaction Type Sale Utility Expense 0.00 Zoning R4 C1-2

Listing information © 2021 Brooklyn New York Multiple Listing Service, Inc.
Listing provided courtesy of Momentum Real Estate Llc.


© 2021 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Carollo Real Estate. Data last updated: 2021-12-04T18:00:25.083.
 
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