ML# :3505396 Calling All Investors, Developers & End-Users!!! 100% Occupied 9.97 Cap 5 Unit Apartment Building In Brooklyn For Sale!!! The Building Features Great Exposure, Excellent Signage, Strong R7A Zoning, Private Driveway, Large Gated Yard, 6 Parking Spaces, High 10’ Ceilings, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Brooklyn Just A Few Minutes From Rt. 27 Near Prospect Park Lake & The Brooklyn Museum!!! Neighbors Include UPS, FedEx, CubeSmart Self Storage, Target, ShopRite, AutoZone, Bank Of America, Optimum, Blink Fitness, Planet Fitness, Key Food, Dunkin’, Walgreens, McDonald’s, BP Gas, Taco Bell, Duane Reade, Dollar Tree, Five Below, Subway, National Wholesale Liquidators, Aldi, IHOP, Wendy’s, KFC, +++!!! This Property Has HUGE Upside Potential!!! This Could Be Your Next Development Site Or A Nice Addition To Your Investment Portfolio!!! Income: Apt. 1A (Studio, 1 Bath): $24, 252.60 Ann.; Lease Exp.: 5/31/24. Apt. 1B (1 Br. 1 Bath): $14, 217.72 Ann.; Lease Exp.: 5/31/25. Apt. 2A (3 Br. 1 Bath): $19, 004.88 Ann.; Lease Exp.: 6/30/24. Apt. 3A (3 Br. 1 Bath): $21, 391.20 Ann.; Lease Exp.: 11/30/23. Apt. 4A (3 Br. 1 Bath): $18, 033.36 Ann.; Lease Exp.: 9/30/25. Private Gated Parking Lot: $36, 000 Ann. Gross Income: $142, 899.76 Ann. Expenses: Heat: $1, 510 Ann. Electric (Common Areas Only): $721 Ann. Maintenance & Repairs: $937 Ann. Water & Sewer: $4, 203.58 Ann. Insurance: $5, 270.66 Ann. Taxes: $13, 032 Ann. Total Expenses: $25, 674.24 Ann. Net Operating Income (NOI): $107, 225.52 Ann. (9.97 Cap!!!)
600 E 22nd Street, Flatbush, NY, 11226
ML# :3505325 Calling All Investors, Developers & End-Users!!! 100% Occupied 8.36 Cap 12 Unit Apartment Building In Brooklyn For Sale!!! The Building Features Great Exposure, Excellent Signage, Strong R7A Zoning, 6 Parking Spaces, High 10’ Ceilings, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Brooklyn Just 1 1/2 Blocks From Rt. 27 Near Prospect Park Lake & The Brooklyn Museum!!! Neighbors Include UPS, FedEx, CubeSmart Self Storage, Target, ShopRite, AutoZone, Bank Of America, Optimum, Blink Fitness, Planet Fitness, Key Food, Dunkin’, Walgreens, McDonald’s, BP Gas, Taco Bell, Duane Reade, Dollar Tree, Five Below, Subway, National Wholesale Liquidators, Aldi, IHOP, Wendy’s, KFC, +++!!! This Property Has HUGE Upside Potential!!! This Could Be Your Next Development Site Or A Nice Addition To Your Investment Portfolio!!! Income: Apt. 1A (2 Br., 1 Bath): $15, 334.92 Ann.; Lease Exp.: 5/31/24. Apt. 1B (2 Br. 1 Bath): $14, 760 Ann.; Lease Exp.: 5/31/24. Apt. 1C (3 Br. 1 Bath): $17, 371.68 Ann.; Lease Exp.: 7/31/25. Apt. 2A (2 Br. 1 Bath): $14, 858.88 Ann.; Lease Exp.: 6/30/25. Apt. 2B (3 Br. 1 Bath): $40, 242.72 Ann.; Lease Exp.: 7/31/24. Apt. 2C (3 Br. 1 Bath): $17, 760.24 Ann.; Lease Exp.: 6/30/24. Apt. 3A (2 Br. 1 Bath): $21, 195.48 Ann.; Lease Exp.: 1/31/24. Apt. 3B (2 Br. 1 Bath): $17, 525.64 Ann.; Lease Exp.: 2/28/24. Apt. 3C (3 Br. 1 Bath): $20, 124.72 Ann.; Lease Exp.: 3/31/24. Apt. 4A (2 Br. 1 Bath): $19, 535.52 Ann.; Lease Exp.: 4/30/24. Apt. 4C (3 Br. 1 Bath): $16, 588.68 Ann.; Lease Exp.: 6/30/24. Apt. 4F (2 Br. 1 Bath): $41, 940 Ann.; Lease Exp.: 8/31/24. Gross Income: $257, 238.48 Ann. Expenses: Heat: $5, 512 Ann. Electric: $2, 721 Ann. Maintenance & Repairs: $1, 737 Ann. Water & Sewer: $7, 213 Ann. Insurance: $12, 395.24 Ann. Taxes: $12, 484 Ann. Total Expenses: $42, 062.24 Ann. Net Operating Income (NOI): $215, 176.24 Ann. (8.36 Cap!!!)
25 E 21st Street, Flatbush, NY, 11226
ML# :3501481 Introducing an exceptional opportunity for discerning investors: Welcome to the prestigious Medical Center. Nestled in a prime location, this income-generating gem boasts an impressive approximate 12% cap rate, setting the stage for a lucrative investment, ideal for savvy individuals seeking a rewarding venture, including those exploring 1031 exchanges. Distinguished by a roster of esteemed medical professionals, this center stands as a hub of innovation and excellence. A constellation of medical doctors sublets dedicated spaces on long-term leases, underscored by the security of triple net arrangements, ensuring a seamless income flow. Comprehensive financials and sublease details are readily available upon request, affording prospective investors a transparent and informed entry into this opportunity. This meticulously designed 2-story building, complemented by a finished basement, stands as a testament to architectural sophistication. Currently achieving a remarkable 100% occupancy rate, the building’s 23 x 70 dimensions accommodate over 5, 000 sqft of premium, income-generating space. Encompassing a property size of 33.33 x 100, zoned R6, the potential for growth and expansion is unparalleled. Seize the chance to be a part of this unparalleled investment opportunity, where excellence, profitability, and innovation converge seamlessly
2814 Clarendon Rd, Flatbush, NY, 11226
ML# :3497618 Great location in Flatbush, Brooklyn - Vacant shell 3 story mixed use building - 1 commercial unit with 2 residential units gutted - SOLD AS IS
1614 Nostrand Avenue, Flatbush, NY, 11226
ML# :3496218 Introducing a rare and captivating opportunity for both owner-users and savvy investors seeking a 1031 exchange. Welcome to this extraordinary property, originally designed to attract New York’s most affluent residents, where timeless architectural elegance blends seamlessly with modern potential. This majestic 9-unit building exudes charm and prestige, boasting many of its original divine architectural details, which have been meticulously preserved. The property presents a unique canvas for a variety of development ideas, making it an exceptional investment prospect. Consisting of 8 spacious three-bedroom apartments and 1 charming one-bedroom apartment, the building offers flexible living arrangements to cater to diverse tenant preferences. Additionally, the basement provides ample clean space for storage, with the exciting possibility of developing it into livable space, further enhancing the property’s value. As an added convenience, the property features a spacious backyard with 5 garages, offering both parking facilities and an opportunity for additional rental income. This sought-after amenity in the heart of the city adds another layer of appeal to the property. Situated in the highly desirable neighborhood of Winthrop St, this area boasts an array of turn-of-the-century architecture that captivates the senses. Offering an attractive alternative to its neighboring areas across the Park, the emphasis on long-term rentals has spurred fast development of new apartments, making it a thriving location for individuals seeking a place to call home. The property’s prime location is complemented by excellent transportation options, including easy access to shopping areas and close proximity to buses 41 and B, Q & S trains. Moreover, the area is experiencing a surge of development interest in residential and condo projects, indicating a bright future for investors. Zoned R6, the property opens up exciting possibilities for various residential developments, including apartment rentals or residential condos. With a long-term potential for growth, the Residential FAR of 2.43 and Facility FAR of 4.8 offer a generous scope for expansion and enhancement. As it stands, the usable floor area of 9, 834 sq. ft. showcases the existing property’s substantial value. However, the unused FAR of 4, 826 sq. ft. presents an enticing opportunity for future development, making this an investment with immense potential.
56 Winthrop Street, Flatbush, NY, 11226
ML# :3519903 Presenting a prime mixed-use opportunity in a vibrant location! This corner building, perfectly situated on Nostrand Avenue, boasts a thriving meat market, The Meat Place, in a spacious 3, 900 sq. ft. storefront and 6 additional apartments , 6 fully rented. The business is being sold included in the price as well
1421-23 Nostrand Avenue, Flatbush, NY, 11226
ML# :3521319 Very busy location, open for 5 years, Big space, great food, if you’re interested in owning your own business please call it wont last!
1258 Flatbush Avenue, Flatbush, NY, 11226
ML# :3534845 Certainly! This newly constructed 3-bedroom apartment features beautiful hardwood floors and brand new appliances. Situated in a great location, this property offers a perfect blend of modern amenities and convenience. BRAND BRAND NEW!!!!
239 E 28th Street Unit 3, Flatbush, NY, 11226
ML# :3534691 Certainly! This newly constructed 1-bedroom apartment features beautiful hardwood floors and brand new appliances. Situated in a great location, this property offers a perfect blend of modern amenities and convenience. BRAND BRAND NEW!!!!
239 E 28th Street Unit 1, Flatbush, NY, 11226
ML# :3534700 Certainly! This newly constructed 2-bedroom apartment features beautiful hardwood floors and brand new appliances. Situated in a great location, this property offers a perfect blend of modern amenities and convenience.
239 E 28th Street Unit 2, Flatbush, NY, 11226