Courtesy of: Nathaniel Smith, Oxford Property Group, Nate@opgny.com
Courtesy of: Nathaniel Smith, Oxford Property Group, Nate@opgny.com
$1,295,000
|
Townhouse
|
$1,295,000
2693 Fulton Street Introducing 2693 Fulton St an impressive two family over commercial store & 2 garages on Fulton Street in brooklyn. This property will be delivered as-is (FULLY VACANT) with the violations extant. Access is possible. Reach out for times. Perfect for an end user buyer or investor who is familiar with the area. The projected cap rate is 9% at full occupancy. (negotiable)DIRECTLY ACROSS the street from a new 150 unit development site almost completed, will be rentals.Projected income1Fl Store $3500/mo2Fl Apt 3Br/1Ba $2500/mo3Fl Apt 3Br/1Ba $2500/mo2 Car Garage $500/mo$9000/mo X 12= $108, 000Expenses:RE Tax: $3815Water: $2500Insurance:$3000Electric. $1200Super: $2000Total: $12, 515Projected NOI: $95, 485Projected Cap Rate 9%
Courtesy of: Nathaniel Smith, Oxford Property Group, Nate@opgny.com
Copyright © 2024 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.