1098 Madison St_Cover_Initials_LQ - Agorafy
Bushwick, Brooklyn Development Opportunity
EXCLUSIVE LISTING
1098 Madison Street Brooklyn, NY 11221 Epic Commercial Realty 580 Broadway, Suite 1107 New York, NY 10012 www.epic-cr.com Shay Zach (646) 278-4621 [email protected]
Shy Galor (917) 858-8577 [email protected]
Investment Summary ADDRESS:
1098 MADISON STREET, BROOKLYN NY 11221 BETWEEN CENTRAL AND EVERGREEN AVENEUS
DESCRIPTION:
A TWO-STORY, WALK-UP, BUILDING ON A LOT CONSISTING OF 5,500 SF OF DEVELOPMENT RIGHTS.
LOT SIZE:
25’ X 100’
LOT AREA: 2,500 SF
BUILT SIZE:
20’ X 30’
BUILT AREA: 1,900 SF
ADD’L BUILDABLE SF: 3,600 SF
TOTAL BUILDABLE SF: 5,500 SF
ZONING:
F.A.R: 2.2
R6
TOTAL ASSESSMENT: $9,578
BLOCK/LOT: 3368/18
TAXES (14/15):
$1,838
PRICE:
$1,200,000
REMARKS:
THE FIRST FLOOR AND BASEMENT HAVE JUST BEEN VACATED, THE RENT WAS $1,800/MO. THE SECOND FLOOR IS OCCUPIED, MONTH-TOMONTH, PAYING $1500/MO. THE PROPERTY IS LOCATED WITHIN WALKING DISTANCE FROM THE GATES AV [J,Z] TRAIN STATION, AND TWO BLOCKS FROM BUSHWICK PLAYGROUND. THE BUILDING WILL BE DELIVERED AS IS WITH PROPOSED PLANS FOR AN 8 UNIT BUIDLING .
($197/BSF)
ALL CASH
CENTRAL AVE
EVERGREEN AVE
PROPERTY OVERVIEW
PUTNAM AVE
Epic Commercial Realty Tel: 212.226.9000 Fax: 212.226.1972 580 Broadway, Suite 1107, New York, NY 10012 www.epic-cr.com Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable, no express representation is made nor is any implied as to the accuracy thereof and is subject to error, omissions, change of price, rental or other conditions, prior sale, rental or financing or withdrawal without notice. No warranties or representations are made as in the condition of the property of any hazards contained therein nor are any implied.
1
Epic Commercial Realty Tel: 212.226.9000 Fax: 212.226.1972 580 Broadway, Suite 1107, New York, NY 10012 www.epic-cr.com Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable, no express representation is made nor is any implied as to the accuracy thereof and is subject to error, omissions, change of price, rental or other conditions, prior sale, rental or financing or withdrawal without notice. No warranties or representations are made as in the condition of the property of any hazards contained therein nor are any implied.
PROPOSED PLANS
Investment Summary
2
Epic Commercial Realty Tel: 212.226.9000 Fax: 212.226.1972 580 Broadway, Suite 1107, New York, NY 10012 www.epic-cr.com Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable, no express representation is made nor is any implied as to the accuracy thereof and is subject to error, omissions, change of price, rental or other conditions, prior sale, rental or financing or withdrawal without notice. No warranties or representations are made as in the condition of the property of any hazards contained therein nor are any implied.
PROPOSED PLANS
Investment Summary
3
EXCLUSIVE LISTING
1098 Madison Street Brooklyn, NY 11221 Epic Commercial Realty 580 Broadway, Suite 1107 New York, NY 10012 www.epic-cr.com Shay Zach (646) 278-4621 [email protected]
Shy Galor (917) 858-8577 [email protected]
Investment Summary ADDRESS:
1098 MADISON STREET, BROOKLYN NY 11221 BETWEEN CENTRAL AND EVERGREEN AVENEUS
DESCRIPTION:
A TWO-STORY, WALK-UP, BUILDING ON A LOT CONSISTING OF 5,500 SF OF DEVELOPMENT RIGHTS.
LOT SIZE:
25’ X 100’
LOT AREA: 2,500 SF
BUILT SIZE:
20’ X 30’
BUILT AREA: 1,900 SF
ADD’L BUILDABLE SF: 3,600 SF
TOTAL BUILDABLE SF: 5,500 SF
ZONING:
F.A.R: 2.2
R6
TOTAL ASSESSMENT: $9,578
BLOCK/LOT: 3368/18
TAXES (14/15):
$1,838
PRICE:
$1,200,000
REMARKS:
THE FIRST FLOOR AND BASEMENT HAVE JUST BEEN VACATED, THE RENT WAS $1,800/MO. THE SECOND FLOOR IS OCCUPIED, MONTH-TOMONTH, PAYING $1500/MO. THE PROPERTY IS LOCATED WITHIN WALKING DISTANCE FROM THE GATES AV [J,Z] TRAIN STATION, AND TWO BLOCKS FROM BUSHWICK PLAYGROUND. THE BUILDING WILL BE DELIVERED AS IS WITH PROPOSED PLANS FOR AN 8 UNIT BUIDLING .
($197/BSF)
ALL CASH
CENTRAL AVE
EVERGREEN AVE
PROPERTY OVERVIEW
PUTNAM AVE
Epic Commercial Realty Tel: 212.226.9000 Fax: 212.226.1972 580 Broadway, Suite 1107, New York, NY 10012 www.epic-cr.com Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable, no express representation is made nor is any implied as to the accuracy thereof and is subject to error, omissions, change of price, rental or other conditions, prior sale, rental or financing or withdrawal without notice. No warranties or representations are made as in the condition of the property of any hazards contained therein nor are any implied.
1
Epic Commercial Realty Tel: 212.226.9000 Fax: 212.226.1972 580 Broadway, Suite 1107, New York, NY 10012 www.epic-cr.com Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable, no express representation is made nor is any implied as to the accuracy thereof and is subject to error, omissions, change of price, rental or other conditions, prior sale, rental or financing or withdrawal without notice. No warranties or representations are made as in the condition of the property of any hazards contained therein nor are any implied.
PROPOSED PLANS
Investment Summary
2
Epic Commercial Realty Tel: 212.226.9000 Fax: 212.226.1972 580 Broadway, Suite 1107, New York, NY 10012 www.epic-cr.com Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable, no express representation is made nor is any implied as to the accuracy thereof and is subject to error, omissions, change of price, rental or other conditions, prior sale, rental or financing or withdrawal without notice. No warranties or representations are made as in the condition of the property of any hazards contained therein nor are any implied.
PROPOSED PLANS
Investment Summary
3
