989 & 482 Hegeman & Atkins AVE Active Save Request In-Person Tour Request Virtual Tour
East New York,NY 11208
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3566987
Originating Board onekey
Rental Info No
Year Built 1925
Annual Tax Amount $20,893
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 20x90
Property Description
Calling All Investors, Developers & End-Users!!! 100% Occupied Free Market Building Package In Brooklyn For Sale!!! The Buildings Feature Excellent Signage, Great Exposure, 2 Stores, 6 Parking Spaces, High 10' Ceilings, Strong R5 Zoning, (4) 2 Br. Apts., (2) 1 Br. Apts., (1) 3 Br. Apt., Basements, LED Lighting, 200 Amp, Power, A/C, +++!!! The Properties Are Located In The Heart Of Brooklyn 1 Block Off Linden Blvd. (Rt. 27)!!! Neighbors Include The Home Depot, Stop & Shop, ShopRite, CubeSmart Self Storage, L.A. Fitness, Sunoco, Dollar Tree, Wendy's, Subway, +++!!! These Properties Offer HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: 989 Hegeman Avenue: Laundromat: $48,000 Ann. Grocery Store: (600 Sqft.): $30,000 Ann.; Lease Exp.: 5/1/29; $600 Ann. Inc. Unit 2R (2 Br., 1 Bath): $21,600 Ann. M-M. Unit 2L (2 Br., 1 Bath): $21,600 Ann. M-M. Unit 3R (2 Br., 1 Bath): $21,600 Ann. M-M. Unit 3L (2 Br., 1 Bath): $21,600 Ann. M-M. Gross Rent: $164,400 Ann. 482 Atkins Avenue: Unit 1 (3 Br., 1 Bath): $39,600 Ann. M-M. Unit 2R (1 Br., 1 Bath): $18,00 Ann. M-M. Unit 2F (1 Br., 1 Bath): $18,000 Ann. M-M. LL: $22,000 Ann. (Available) Gross Rent: $87,600 Ann. Expenses: Gas: $5,380 Ann. Electric: $1,500 Ann. (Hallway + Basement Only) Maintenance & Repairs: $500 Ann. Insurance: $7,679 Ann. Water & Sewer: $2,863 Ann. (Excluding Laundromat) Trash: $0 Ann. Taxes: $20,892.72 Ann. Total Expenses: $38,814.72 Ann. Total Gross Income: $252,000 Ann. Net Operating Income (NOI): $213,185.28 Ann. (8.62 Cap!!!) , or
Location
State NY
County Brooklyn
Zoning R5
Interior
Fireplace No
Building
Story 3
Others
Special Listing Condition None