AWESOME DEVELOPMENT OPPORTUNITY in WILLIAMSBURG! 3 Fam Brick + 2 Fam. Brick & Store SOLD TOGETHER 5 Residential Units, 1 Commercial Space Lot size: 44 x 86ft Building size (*2 buildings): 44 x 45ft *1st Floor at 449 Keap St is fully built out TOTAL BUILDABLE SF: 11,353 FAR: .94; MAX FAR: 3 Zoning: M1-2/R6A/MX-8 447 KEAP ST (3 Fam. Brick): Apt 1 (1Br w/ Yard) $2,500/mo Apt 2 (2Br) $2,300 (month to month lease) Apt 3 (2Br) $2,300 (month to month lease) 449 KEAP ST (2 Fam. Brick + Store): Store (2200 sf, storage in rear): Vacant Apt 2 (3Br + 800 sf Deck): Vacant Apt 3 (2Br): Vacant
245 Martense presents the rare opportunity to own a large and high income producing 8 family building on the border of Lefferts-Garden & Flatbush in Brooklyn, NY. This building is a very low maintenance investment with the potential to be optimized even further. The 25ft wide x 86ft building is on a 25ft x 100ft lot. Each floor has two floor-thru units with a layout potential for up to 3 bedrooms each. There is even a finished basement that can be used for storage or Super' s quarters. Six of eight units are currently free market with the remaining two stabilized units very close to free market status. Four of the units have been fully renovated. There is a brand new roof, boiler (Gas), dual water heaters, skylight, intercom/buzzer system and windows throughout. All tenants pay via auto debit on the first of the month. The building grosses approximately $175k and nets approximately $135k with an optimized cap rate well above 7%. This building is a great 1031 exchange candidate as well. Full Financial Setup can be requested.
A vacant two-story residential building consisting of three units. the property is currently subject to an enhanced school tax relief.
Marcus & Millichap is pleased to offer the following opportunity, 1047 A Fulton Street, located between Downing Street and Irving Place, in the Clinton Hill section of Brooklyn, NY (Block 01992; Lot: 0004). The property sits on a lot size of 16.67 feet x 76.42 feet and is built approximately 16.67 feet x 50 feet. The property is zoned C2-4/R7A. This three-story building consists of 2 apartments and one retail space. The subject property is two blocks from the Franklin Avenue "C" and "S" trains and is in close proximity to the B25, B26 and B48 Bus lines. The Fulton Street Retail corridor continues to improve enabling a savy investor to realize a tremendous upside in the rent roll.
Reduced, Reduced, Priced for a quick sale. Large 4 story 8 family low/mid-rise building in Park Slope, all units are 2 bedrooms with 4 free market units and 4 with stabilized rent. Excellent as an Investment or for Condo Conversion; Park Slope is an upper middle class, well educated neighborhood where property values are expected to increase 6+% for next year. AVAILABLE FOR SHOWING THIS THURSDAY 12/18/2014 FROM 2 TO 3: PM, PLEASE CONFIRM. THANK YOU. ROBERTO
178 Avenue S - Gravesend, New York GREAT OPPORTUNITY FOR INVESTORS OR USER!!Fully renovated and rented 4-unit mixed use building. Three large 2-bedroom apartments are rented. Building is gut renovated with new appliances, floors and central air and heat units. Ground floor storefront is 3000 sqf. Rented as well! The store has brand new tile floor and large size front window with security gate. . Great location with excellent visibility, close to coffee shops, restaurants and shops.Super investment with great potential! Gross income $94,800. Cap rate 7% approx. This listing courtesy of Douglas Elliman
Price Upon Req.10,000 SF
25x100 Corner Property R7A ZONING NEWLY RE-ZONED ***CURRENTLY : WELL MAINTAINED WELL MANICURED NEWLY RENOVATED UPDATED 3 STORY BUILDING COLLECTING : 2 - 3 BEDROOM APARTMENTS 1 - 3 BEDROOM PRIVATE HOME 1 COMMERCIAL FIRST FLOOR 7 INDIVIDUAL 1 CAR GARAGES ***FUTURE POSSIBLE******* 8 STORY 12 Units of 3 BEDROOM APARTMENTS or CONDOS with newly rezoned R7A & FAR RATES OR BUILD-ABLE 10,000 SQ. FEET FAR TO YOUR NEEDS
2203 Avenue X - Sheepshead Bay, New York 2203 Avenue X Great Investment! This mixed-use property is in excellent condition located in a great location in Sheepshead Bay on Avenue X and E 22nd Street. Surrounded by thriving retail with restaurants and Deli's. The property has 2 rental units over retail store and commercial rented basement space. All apartments completely renovated with oak floors and brand new kitchen and baths. The building is a turn-key investment property with tenants in place. Perfect for 1031 exchange buyers!! 6.5% Cap Rate. This listing courtesy of Douglas Elliman
Principals only. No brokers please. 6-Family + 5 Commercial Space Building Dimensions: 25 x 90 Building Size: 9,373 sqft Lot Dimensions: 25 x 100 Lot Building Size: 2,533 sqft Zoning: C2-4/R7A Great long term investment. Ideal for 1031 exchange candidates. Contact me for financials and/or to set up viewings.
Principals only. No brokers please. 7 family + 1 Commercial + Antenna Site Building Dimensions: 25 x 90 Building Size: 8,556 sqft Lot Dimensions: 25 x 100 Lot Building Size: 2,517 sqft Zoning: C2-4/R7A Great long term investment. Ideal for 1031 exchange candidates. Contact me for financials and/or to set up viewings.