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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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