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4204 Avenue J
Brooklyn NY 11210 US

$1,349,999

Active Listing ID 487276
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Lot: 0.05 Acres
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Mixed Use

$1,349,999

Active Listing ID 487276
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4204 Avenue J BUSY LOCATION!!! Building includes Laundromat. This Mixed-use building has been recently renovated, and very well maintained. It features a long 30+ year established laundromat w/tons of customers, 20 dryers and 16 washers and countless equipment (PGI):$44, 400/year plus a small/bonus professional office (EGI): $12, 000/year. Laundromat is currently vacant and all its equipment included in the sale. The 2nd floor features two apartments: 1bedroom apartment (EGI): $23, 886 w/one year lease; 2bedroom apartment (EGI): $29, 328 w/one year lease; which equate to an abundant income. The building also comes with a full and unfinished basement, a separate water meter, electric meter, gas water heater & new boiler for the two apartments. A separate water meter, electric meter, oil boiler and new water heater for the laundromat. The one and only laundromat in the neighborhood. Neighbors cannot wait for the new owner!!! Total projected gross income(PGI):$109, 614, Current gross income(EGI):$65, 214, Total gross expenses(GE): $26, 885, and Total Net operating income(NOI): $82, 729. Cap rate= 6.13%. Very positive cash flow!!! Pre-approval letter or proof of funds required prior to showing.

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Property Features

  • Facts
  • Lot Size: 0.05 Acres
  • Property Type: Other
  • Property Sub-type: Mixed Use
  • Features
  • Floor Covering: Hardwood, Laminate
  • Roof Type: Flat
  • Heating Fuels: Radiator, Steam

Property

  • propertytype: Other
  • propertysubtype: Mixed Use
  • listprice: 1349999
  • unparsedaddress: 4204 Avenue J
  • postalcity: Brooklyn
  • stateorprovince: NY
  • country: US
  • postalcode: 11210
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0459136822773186
  • lotsizeunits: Acres
  • lotsizearea: 0.045914
  • livingarea: 3200
  • livingareaunits: Square Feet
  • latitude: 40.627463
  • longitude: -73.935302
  • listagentfullname: Carl Andre
  • listagentemail: howtosellrealty@gmail.com
  • listagentkey: 3yd-BMLSNY-andre2006
  • listagentmlsid: andre2006
  • listagentpreferredphone: 7183773795
  • listagentofficephone: 7183773795
  • listofficekey: 3yd-BMLSNY-114930
  • listofficemlsid: 114930
  • disclaimer: 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.
  • sourcesystemid: BMLSNY
  • yearbuilt: 1931
  • listagenturl: http://WWW.HOWTOSELLREALTY.COM
  • countyorparish: Kings (Brooklyn)
  • constructionmaterials: Brick
  • flooring: Hardwood, Laminate
  • heating: Radiator, Steam
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Flat
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -73.9353, 40.627464
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"How to Sell Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"howtosellrealty@gmail.com", "ListBrokerageCity":"Brooklyn", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"How to Sell Realty", "ListBrokeragePhone":"(718) 377-3795", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"NY", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1130 Remsen Ave", "ListBrokerageWebsiteUrl":"http://WWW.HOWTOSELLREALTY.COM", "ListOfficeAddress1":"4204 Avenue J", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Brooklyn", "ListOfficeCountry":"US", "ListOfficeEmail":"howtosellrealty@gmail.com", "ListOfficePostalCode":"11210", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"Mixed Use - Brooklyn, NY", "ListingURL":"https://listings.listhub.net/pages/BMLSNY/487276/?channel=rexren", "MLSModificationTimestamp":"2024-12-13T22:54:47Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":7445, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/14/2024 6:02:33 AM GMT
Source Updated Date: 12/26/2024 6:52:58 AM GMT

Courtesy of: Carl Andre, How to Sell Realty, howtosellrealty@gmail.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.