Commercial Sale in Cypress Hills, Brooklyn, NY 11208 | Web ID: PH489802 | $2,280,000

Turn-key investment property with (3) garages included. Property had major capital improvements done recently making property expenses minimal. Pro-forma cap-rate 5. 5% ***pro-forma annualized income** ground floor-convenience store_ $48, 000 2nd floor (3bedroom, 1bath) _ $34, 800 3rd floor (1bed, 1bath) _ $26, 400 3rd floor (1bed, 1bath) _ $26, 400 rent roll total= 135600 garage rent= 3 *500= 1500 ($18, 000 annualized) total annual gross income=153, 600 total expenses= $17, 000 noi= 136529, cap rate= 5. 8% building code is up to date. No violations. Turnkey property. New sewer pipes and drains. New heating radiators in all apartments and cooper pipes. New electrical wiring and outlets through the building. New roof and gas lines throughout the building which passed the nyc building inspection. New wall mounted navien boilers in each apartment.