Courtesy of: Jean P Ho, Brooklyn Real Property Inc., info@bklynrp.com
Courtesy of: Jean P Ho, Brooklyn Real Property Inc., info@bklynrp.com
$4,000,000
|
Lot: 0.06 Acres
|
|
Mixed Use
|
$4,000,000
1193 Rogers Avenue Brooklyn Rogers Avenue & Avenue D PRIME Investment well maintained 3 Story Corner SOLID BRICK Semi Attached FULLY VACANT 10 Family & 2 store -STABILIZED & VACANT! Full basement! Featuring Vacant SEVEN 1 bedroom and THREE 2 bedrooms with living room & EIK! 2 Vacant Store approx. 1, 300 sq ft each! New gas boiler! Building size 26.83 ft x 102.5 ft built on footprint. Qualified for Opportunity Zone! Projected Conservatively Projected monthly rent One bed- $ 2, 000 a month Two bed $ 2, 300 & Each Store $ 3, 000 - High traffic & exposure warp around signage & Projected Gross annual income $ 322, 800.00 Projected Gross Annual Expense $ 29, 325.00 NET Projected Annual income $ 29, 3475 = 8% Projected CAP Rate R6 Zoning. Great upside potential for long term or savvy investor- or developers to convert to Full market Condominium (Condo selling for $ 845.00 per sq ft today) or rent out for Affordable Housing! Don't MISS out!! Sold As Is - Great Location- a few moments away from Train, Shopping, Restaurant, bus stop in front and more! High traffic and foot traffic!
Courtesy of: Jean P Ho, Brooklyn Real Property Inc., info@bklynrp.com
Copyright © 2024 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.