Price Upon Req.4,712 SF
Auction.com is pleased to present the opportunity to acquire 720 Miller Avenue, a 3-story walkup apartment building located in Brooklyn, New York. Built in 1930 and renovated in 2014, the property consists of 6 units, which are all currently rented. The unit mix consists of four 2-bedroom units and two 3-bedroom units. Tenants are on 1-year leases, which is standard for the area. The property is subject to rent stabilization laws and contains three Section 8 Housing tenants. The current owner spent a substantial amount of capital in renovating the apartments to bring the rents closer to market. The majority of tenants are now paying rents that are at or near market rates.The property is located in the East New York Multifamily Submarket in Kings County. The immediate area is primarily made up of residential, local retail and office establishments. The property also has great accessibility to major highways in the area. For more information, please access the due diligence documents.Property Listed By: Scott Reid - HTX Realty, Inc.; NY RE #10311205039 / 800-841-9682 or firstname.lastname@example.org
Price Upon Req.3,600 SF
Auction.com and Arazi Properties International are pleased to present the opportunity to bid on 1098 Liberty Avenue, a two story mixed-use building located in East New York, Brooklyn. The property consists of ground floor retail/office, with two residential units on the second floor. The ground floor is currently occupied by a doctor's office and a hair salon, and benefits from sellable lower level space that is currently unoccupied. The two apartments above are occupied, and are set up in a two and three bedroom configuration. The property also benefits from a two car garage, which is being rented out at a monthly rate of $175. The rents are currently slightly below market, allowing for some upside potential in the near term.The property is located on the corner of Liberty Avenue and Autumn Avenue, and is on one of the main retail strips in East New York. Neighboring tenants include a variety of local businesses, as well as nationally recognized brands (GameStop, Citibank, Chase Bank, RadioShack, Foot Locker, etc.). Within a short walk, neighborhood residents can access the A subway line, providing access to Manhattan and further east into Queens.
Four 3 Story Contiguous Mixed Use Buildings constructed in 1930 with a total of 8 Residential Apartments and 4 Retail Stores in desirable Sheepshead Bay section of Brooklyn. Each building is 20 square foot wide and has approximately 7,100 square feet of Retail space. Total Combined Building Square footage 14,600+/-.
2 Family + Commercial Space ~ 3465 sf ~ Two residential Floors are each 1,1135 sf (LG 2 BRs/ Convertible 3 Br) ~ Commercial space is 1,113 sf w/ 11' Ceiling. It has 4 rooms + 2 1/2 Bath ~ All Tenants have access to the Yard (987 sf) ~ Full Basement ~ Property will be delivered VACANT! ~ All new electric, gas meters & roof ~ Lot size: 21 x 100sf ~ Building: 21 x 55ft ~ Zoning: C2-4/R6A ~ FAR: 1.65; MAX FAR: 3 ~ This Property has a lot of potential!
Newly built 18 unit elevator building consisting of 18 Modern style units. There are 8 2BR/1.5BA units, 8 1BR/1BA units, & 2 community spaces. Located on a tree-lined block between Campus Rd and Flatbush Ave in the Midwood/Flatbush section of Brooklyn in a rapid growing area 1 block from the 2 and 5 trains and behind a busy commercial corridor consisting of most national and local retailers/services. All building systems such as plumbing, sprinkler, elevators, compactor, and others are practically new, allowing almost maintenance-free operation and minimum expenses, in compliance with most recent codes. Tenants pay their own gas, hot water and individual heat. Fully occupied.
6 Family + 5 Commercial Great long term investment. Ideal for 1031 exchange candidatesContact listing agent for financials and more info.
Marcus & Millichap is pleased to present the exclusive listing at 47 Thames Street, between Morgan and Knickerbocker Avenues in the Bushwick section of Brooklyn, New York. The subject property is a four story residential and commercial loft building made up of 14 free market apartments and 12 commercial lofts. The property totals approximately 35,000 gross square feet and stands on a 11,500 square foot M1-1 zoned lot ( Block/Lot: 030008-0031). The building is in immaculate condition and features high ceilings, heavy power and sprinklers throughout. Its strategic location allows for easy access to the Morgan Avenue "L" Train. This asset offers investors the unique opportunity to purchase a sizable loft building with free market residential and commercial uses and to capitalize on the ongoing growth in the area's rents. All units and uses conform to a valid Certificate of Occupancy. None of the units are subject to Loft Law / IMD Law - the property is in de-facto compliance.
WATCH THE VIDEOS: 109 #1: http://youtu.be/vPmHE8_SQFQ?list=UUzdtYz_j4OPYotLUdS7Rk2Q 109 #2: http://youtu.be/yzh6a9sldgg?list=UUzdtYz_j4OPYotLUdS7Rk2Q 109 #2A: http://youtu.be/qlHesk_g3-k?list=UUzdtYz_j4OPYotLUdS7Rk2Q 109 #3: http://youtu.be/bDh4axyymjs?list=UUzdtYz_j4OPYotLUdS7Rk2Q 2 Family/ 3 Levels + Basement in BUSHWICK! ***Price $760,000 Gentrifying area of Bushwick **Just 2 Blocks to the Wilson L Train Property Features: ~ 1st Fl: 3 Br w/ use of Yard $1400 ~ 2nd Fl: 3 Br (renovated) w/ use of Yard $1400 ~ 3rd Fl: 4 Br (needs some TLC) $1400 ~ NO leases! TAXES: $1623 HEAT: $4000 INSURANCE: $1500 Unfinished Basement Huge Backyard Specifics: Building 19.5 x 50ft Lot 19.5 x 100ft Zoning: R6 FAR 1.5; Max FAR 2
2 Family w/ 3 LEVELS & Semi-Finished Basement Just Half a Block to the J&Z Lines; 2 Blocks to Highland Park! ~ 1st Fl: 2 Br Boxed. Delivered vacant, $2000/mo projected rent ~ 2nd Fl: 2 Br Boxed. $1600/mo. No lease ~ 3rd Fl: 3 Br Boxed. $2000/mo (X-LG, gut renovated 3 Br. w/ new Stainless Steel Appliances, cherry wood cabinets, high ceilings, hardwood floors & french doors). ~ Semi-finished Basement ~ Huge Backyard ~ New Roof Specifics: Building Size: 20 x 45ft; Lot 20 x 153.67ft R4 Zoning INCOME: $67,200 EXPENSES: $10,670 Gas Heat $2800/Yr; Insurance $2,300/Yr; Water $2,000/Yr; Taxes $3570/Yr
4.0 FAR makes this deal attractive to developers and investors. 7500 Build-able soft. R7A Zoning with C2-4 commercial overlay. 3 FAMILY IN WILLIAMSBURG Asking Price $2,699,000 Conveniently located just 1 Block off the Lorimer L train. Right by 'Cheers Thai" and "Zona Rosa", in Prime Williamsburg! THE PROPERTY HAS GREAT POTENTIAL. It features: 1st Fl: 1 Br ($2300) 2nd Fl: 2Br. ($2400) 3rd Fl: 2Br, owner occupied and delivered vacant. ***No Leases! - HUGE YARD w/ Winery Shed - FINISHED BASEMENT - ZONING (C2-4/R7A) PERMITS COMMERCIAL AS WELL AS RESIDENTIAL USE (Check with your Architect) Specifics: Building 20ft x 40ft; Lot 24.75ft x 75.08ft - FAR: 1.72; MAX FAR: 4 Expenses: Insurance $4000; Water $1000; Gas Heat $2000; Taxes $2,062