Commercial Sale in Bushwick, Brooklyn, NY 11221 | Web ID: PH462799 | $3,576,000

Listing write up for 1259 broadway + 12 goodwin pl: calling all investors, developers & end-users!!! 100% occupied 8, 400 sqft. Mixed use building with 2, 199 sqft. Development site in bushwick for sale!!! The property features great exposure, excellent signage, 6 parking spaces, strong c4-3 zoning, high 10' ceilings, 6 apartments, basement, all new led lighting, +++!!! The property is located in the heart of bushwick 2 blocks from the gates ave. M train station!!! Neighbors include the home depot, stop & shop, dunkin', peter luger steak house, walgreens, autozone, pep boys, blink fitness, l. A. Fitness, mcdonald's, trader joe's, wendy's, white castle, little caesar's, dollar tree, family dollar, +++!!! The store can be delivered vacant if need be. This property has huge upside potential!!! This could be your next investment property, development site or home for your business!!! Income: store (2, 500 sqft. + full basement): $100, 000 ann. (available) apt. 2r (2 br. 1 bath): $6, 324 ann. ; m-m; 2% ann. Inc. ; been here 25+ years; renovated in 2014. Apt. 2l (2 br. 1 bath): $8, 280 ann. ; m-m; 2% ann. Inc. ; been here 10+ years; renovated in 2016. Apt. 3l (2 br. 1 bath): $7, 044 ann. ; m-m; 2% ann. Inc. ; been here 35+ years apt. 3r (2 br. 1 bath): $7, 284 ann. ; m-m; 2% ann. Inc. ; been here 35+ years apt. 4l (2 br. 1 bath): $5, 208 ann. ; m-m; rent freeze; been here 50+ years apt. 4r (2 br. 1 bath): $7, 200 ann. ; m-m; 2% ann. Inc. ; been here 15+ years lot: $384, 825 ann. (available) gross income: $526, 165 ann. Expenses: gas: $7, 504 ann. Electric (hallway only): $980 ann. Maintenance & repairs: $250 ann. Water: $6, 300 ann. Insurance: $3, 838 ann. Taxes: $23, 085 ann. Total expenses: $41, 957 ann. Net operating income (noi): $419, 014 ann. (pro forma 11. 72 cap!!! )