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Apartments For Sale • 37,600 SF
| Calling All Investors, Developers, & End-Users!!! 5.61 Cap 100% Occupied 40 Unit Apartment Building On A Huge 11,000 Sqft. Lot In Brooklyn For Sale!!! |
| The Property Features Excellent Signage, Great Exposure, R7A Zoning, High 9’ Ceilings, 2 Skylights, 4 Stories, 3 Phase Power, New LED Lighting, +++!!! |
| The Property Is Located In The Heart Of Madison Just Off Kings Hwy. Near Kings Plaza & Minutes From The Belt Pkwy.!!! |
| Neighbors Include T-Mobile, Target, ShopRite, CubeSmart Self Storage, Extra Space Storage, Staples, Petco, T.J. Maxx, CVS, Dunkin’, Walgreens, +++!!! |
| This Property Offers HUGE Upside Potential!!! |
| This Could Be Your Next Development Site Or The Next Home For Your Business!!! |
| Cap Rate: | 5.61 % |
| Total Expenses: | $225,507 USD |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Collazo, Angel | ||
| Jehan Gondal | ||
| Skyview Construction Co |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| East New York Station (Far Rockaway Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) | 11 min | - | 5.9 mi |
| Nostrand Avenue Station (Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) | 16 min | - | 6.4 mi |
| Transit/Subway | Drive | Walk | Distance |
| Kings Highway (B,Q Line) (B - New York MTA Subway (The Subway), Q - New York MTA Subway (The Subway)) | 1 min | 6 min | 0.3 mi |
| Avenue M (Q - New York MTA Subway (The Subway)) | 2 min | 16 min | 0.8 mi |
| Avenue U (Q Line) (Q - New York MTA Subway (The Subway)) | 2 min | 18 min | 0.9 mi |
| Airport | Drive | Walk | Distance |
| John F Kennedy International | 24 min | - | 12.7 mi |
| LaGuardia | 33 min | - | 15.6 mi |
| Newark Liberty International | 37 min | - | 21.4 mi |
Matthew Shane
All Island Commercial
Matthew Shane
All Island Commercial
