Property Description
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!!! )
Property Information
| Location/Town | Ditmas Park |
| Area/County | Brooklyn |
| Prop. Type | Commercial Sale |
| Tax | $16,767.00 |
| # Stories | 1 |
| Year Built | 1931 |
| Total Units | 1 |
| Lot Size | 22.5x91.83 |
| Lot SqFt | 2,066 |
| Zoning | R6 |
| Tax Lot | 7 |
| Units | 1 |
| Listing information courtesy of: All Island Estates Realty Corp | |
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