1922 Union Street - For Sale - CPEX Real Estate
1922 Union Street - For Sale Crown Heights, Brooklyn, NY 11233 3-Unit New Construction Multi-Family Building Investment Sales Location: Block_Lot: Building Class: Lot Dimensions: Lot SF: Bldg Dimensions: Gross Bldg SF: Stories: Zoning: FAR: Buildable SF: Taxes:
S. side of Union Street btwn Portal St & Ralph Ave 1399_123 C0 25’ x 77.27’ (irregular/approx.) 1,839’ (irregular/approx.) 25’ x 43.5’ (approx.) 3,263’ (approx.) 3 R6/C2-3 2.00 3,863’ (approx.) $5,468 (2014/15)
Property Description: New Construction 3-Unit Free Market Multi-Family Building Two 3-Bedroom Apartments and One 2-Bedroom Apartment Each floor measures approximately 1,100 gross square feet Building is recently renovated and fully occupied New Roof Individual Heat/Hot Water Units (Heating expense is tenants responsibility) Opportunity to duplex 1st Floor & Basement 8’ basement ceilings with windows and separate entrance to yard Investor / End-User opportunity Neighborhood Description and Transportation: Adjacent to Lincoln Terrace Park Walking distance to the 3, 4, 5-train at Utica Avenue and Eastern Parkway Close proximity to all necessary retail, restaurants and shopping
Actual Gross Annual Income Real Estate Taxes (14/15) Insurance Water/ Sewer Electric Heat Repairs & Maintenance (2%) Management Fees (3%) Vacancy & Collection (3%) Total Expenses Projected NOI
$ 68,400 $ 5,291 $ 2,300 $ 1,200 $ 500 Pass Through $ 1,392 $ 2,106 $ 2,106 $ 14,895 $ 53,505
ASKING PRICE: $850,000 For Further Information, Please Contact the Exclusive Multi-Family Sales Team: Stephen Safina (718) 687-4201 [email protected]
Thomas Ryan (718) 208-1852 [email protected]
Alyona Chystyakova (718) 687-4207 [email protected]
Brian T. Leary (718) 687-4200 [email protected]
CPEX Real Estate | 81 Willoughby Street, 8th Fl | Brooklyn, NY 11201 | Tel: (718) 935-1800 | Fax: (718) 935-1822 | www.cpexre.com All information contained herein was provided by or obtained from the owner of the property or from sources that we deem reliable. Though we have no reason to doubt the validity of the information, we do not warrant any information disclosed. IT IS STRONGLY URGED THAT THE PROSPECTIVE PURCHASER CAREFULLY VERIFY EACH ITEM OF SIZE, EXPENSES, RENT ROLLS, PERMITTED LEGAL USE, AND ALL OTHER INFORMATION PRESENTED HEREIN.
S. side of Union Street btwn Portal St & Ralph Ave 1399_123 C0 25’ x 77.27’ (irregular/approx.) 1,839’ (irregular/approx.) 25’ x 43.5’ (approx.) 3,263’ (approx.) 3 R6/C2-3 2.00 3,863’ (approx.) $5,468 (2014/15)
Property Description: New Construction 3-Unit Free Market Multi-Family Building Two 3-Bedroom Apartments and One 2-Bedroom Apartment Each floor measures approximately 1,100 gross square feet Building is recently renovated and fully occupied New Roof Individual Heat/Hot Water Units (Heating expense is tenants responsibility) Opportunity to duplex 1st Floor & Basement 8’ basement ceilings with windows and separate entrance to yard Investor / End-User opportunity Neighborhood Description and Transportation: Adjacent to Lincoln Terrace Park Walking distance to the 3, 4, 5-train at Utica Avenue and Eastern Parkway Close proximity to all necessary retail, restaurants and shopping
Actual Gross Annual Income Real Estate Taxes (14/15) Insurance Water/ Sewer Electric Heat Repairs & Maintenance (2%) Management Fees (3%) Vacancy & Collection (3%) Total Expenses Projected NOI
$ 68,400 $ 5,291 $ 2,300 $ 1,200 $ 500 Pass Through $ 1,392 $ 2,106 $ 2,106 $ 14,895 $ 53,505
ASKING PRICE: $850,000 For Further Information, Please Contact the Exclusive Multi-Family Sales Team: Stephen Safina (718) 687-4201 [email protected]
Thomas Ryan (718) 208-1852 [email protected]
Alyona Chystyakova (718) 687-4207 [email protected]
Brian T. Leary (718) 687-4200 [email protected]
CPEX Real Estate | 81 Willoughby Street, 8th Fl | Brooklyn, NY 11201 | Tel: (718) 935-1800 | Fax: (718) 935-1822 | www.cpexre.com All information contained herein was provided by or obtained from the owner of the property or from sources that we deem reliable. Though we have no reason to doubt the validity of the information, we do not warrant any information disclosed. IT IS STRONGLY URGED THAT THE PROSPECTIVE PURCHASER CAREFULLY VERIFY EACH ITEM OF SIZE, EXPENSES, RENT ROLLS, PERMITTED LEGAL USE, AND ALL OTHER INFORMATION PRESENTED HEREIN.
