$1,850,000

1156 Liberty Avenue, Brooklyn, NY 11208

  • 4,780 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon1,799sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $387/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

Calling All Investors, Developers, & End-Users!!! 3 Unit 4,780 Sqft. Mixed-Use Building On Liberty Avenue In Brooklyn For Sale!!! The Property Features Excellent Signage, Great Exposure,, Strong R5/C1-2 Zoning, High 11’ Ceilings, 6 Parking Spaces, Separate Meters, 200 Amp Power, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Cypress Hills 2 Blocks From N Conduit Ave. & Minutes From Forest Park Golf Course!!! Neighbors Include Stop & Shop, Key Food, Dunkin’, LA Fitness, Mobil, Wendy’s, Subway, Checker’s, Burger King, Dollar Tree, White Castle, IHOP, +++!!! The Property Has 17’ Of Frontage On Busy Liberty Avenue!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site / The Next Home For Your Business!!! Income: 3rd Floor (Computer/Shipping Company): $36,000 Ann.; Lease Exp.: 2028. 2nd Floor (Hair Salon): $36,000 Ann.; Lease Exp.: 2029. 1st Floor (Clothing Store): $72,000 Ann. Will Be Delivered Vacant. Pro Forma Gross Income: $144,000 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Maintenance & Repairs: $250 Ann. Water & Sewer: $420 Ann. Insurance: $1,823 Ann. Taxes: $22,626 Ann. Total Expenses: $25,119 Ann Net Operating Income (NOI): $118,881 Ann.

Listing Status:
Active
Listing Office:
All Island Estates Realty Corp : 516-783-5600
MLS ID:
811323
  • A/C: Central Air
  • Heating: Natural Gas

This listing courtesy of All Island Estates Realty Corp

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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