1294 Bushwick Ave_Cover_initials_LQ - Agorafy

Report 0 Downloads 152 Views
Bushwick, Brooklyn Development Opportunity w/ Approved Plans

EXCLUSIVE LISTING

1294 Bushwick Avenue Brooklyn, NY 11207

Epic Commercial Realty 580 Broadway, Suite 1107 New York, NY 10012 Yuriy Ustoyev [email protected] (646) 278-4620

Baruch Edelkopf [email protected] (646) 278-4620

Investment Summary ADDRESS:

1294 BUSHWICK AVENUE, BROOKLYN, NY 11207 SE CORNER OF BUSHWICK AVENUE AND ELDERT STREET

DESCRIPTION:

A TWO-FAMILY HOME WITH VACANT LAND NEXT TO IT; DELIVERED WITH APPROVED PLANS.

LOT SIZE:

32’ X 55’

LOT AREA: 1,760 SF

BUILT SIZE:

16’ X 46’

BUILT AREA: 2,147 SF

ADD’L BUILDABLE SF: 3,133 SF

TOTAL BUILDABLE SF: 5,280 SF

ZONING:

F.A.R: 3.0

R6

TOTAL ASSESSMENT: $12,986

BLOCK/LOT: 3414/40

TAXES (14/15):

$2,488

PRICE:

$1,250,000

REMARKS:

THE HAS APPROVED PLANS TO EXTEND AND ADD A FLOOR TO THE EXISTING STRUCTURE AND BUILD A NEW THREE-FAMILY HOME. THE FINISHED BUILDINGS WILL HOUSE A TOTAL OF SIX UNITS. PROJECTED RENT ROLL FOUND BELOW.

ALL CASH

PROPERTY OVERVIEW

($236/BSF)

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

Investment Summary 1294 BUSHWICK AVENUE PROJECTED RENT ROLL:

1294 Bushwick 2 Bedroom Duplex Studio with Deck 2 Bedroom Duplex 1292 Bushwick 4 Bedroom Duplex 2 Bedroom 2 Bedroom TOTAL

RENT/MO $ 3,250 $ 2,000 $ 3,250 RENT/MO $ 3,600 $ 2,200 $ 2,200 $ 16,500

RENT/YR $ 39,000 $ 24,000 $ 39,000 RENT/YR $ 43,200 $ 26,400 $ 26,400 $ 198,000

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.

ADDITIONAL INFORMATION

1294 Bushwick Ave is the existing building; 1292 Bushwick Ave is the new structure.

2

APPROVED PLANS

Zoning Analysis

Epic Commercial RealtyTel: 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.

3

APPROVED PLANS

Extension

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.

4

APPROVED PLANS

Extension

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.

5

APPROVED PLANS

New Construction

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.

6

APPROVED PLANS

New Construction

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.

7

APPROVED PLANS

New Construction

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.

8