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Calling All Investors, Developers & End-Users!!! 2,062 Sqft. Retail Building For Sale!!! The Property Features Great Exposure, Excellent Signage, 6 Parking Spaces, High 10' Ceilings, Strong R6 Zoning, 2 Skylights, All New LED Lighting, +++!!! The Property Is Located In The Heart Of East Flatbush On ...Busy Church Avenue Just A Block From Linden Blvd.!!! Neighbors Include Chase Bank, UPS, Mitsubishi, Dunkin', CVS, Target, U-Haul, AutoZone, Planet Fitness, Blink Fitness, PetSmart, IHOP, McDonald's, Burger King, Wendy's, Denny's, Popeye's, Dollar Tree, +++!!! The Entire Building Can Be Delivered Vacant If Need Be. This Property Has HUGE Upside Potential!!! This Could Be Your Next Development Site / Home For Your Business!!! Income: Storefront (2,062 Sqft.): $66,000 Ann. (Available) Gross Income: $66,000 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Maintenance & Repairs: $250 Ann. Insurance: $1,623 Ann. Taxes: $16,767 Ann. Total Expenses: $18,640 Ann. Net Operating Income (NOI): $47,360 Ann.(Proforma 14.79 Cap!!!)
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MLS#
3463513
Property Type
Retail
Year Built
1931
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