Bay Ridge District Mixed-use One Store Plus 4 Legal Apartments. Building 3950 Sq. Ft. Lot 20x94, R6B zoning, C1-3, FAR 2 times,
Rental income Store $3700 - Lease for 5 years. / Apts. $1400, $1500, $1550, $1250. Low property tax $8798/year,
Water $3000/year, heating $5000/year, insurance $2300/year, electricity $350. Annual net income $120,952, CAP Rate 5.5%. Subway station across the street servicing the R line. Busy location, crowded, nearby school Ps102, park, BQE, minutes to Manhattan. Move in condition.
Bay Ridge District Mixed-use One Store Plus 4 Legal Apartments. Building 3950 Sq. Ft. Lot 20x94, R6B zoning, C1-3, FAR 2 times,
Rental income Store $3700 - Lease for 5 years. / Apts. $1400, $1500, $1550, $1250. Low property tax $8798/year,
Water $3000/year, heating $5000/year, insurance $2300/year, electricity $350. Annual net income $120,952, CAP Rate 5.5%. Subway station across the street servicing the R line. Busy location, crowded, nearby school Ps102, park, BQE, minutes to Manhattan. Move in condition.
Listing Courtesy of RE/MAX Edge