2174 Flatbush Avenue - Massey Knakal
2174 Flatbush Avenue Brooklyn, NY 2 Story Commercial Building For Sale
FOR SALE Building Features Location
West side of Flatbush Avenue between Quentin Road & Avenue R
Block / Lot
7889 / 163
Lot Dimensions
17.5’ x 100’ (Approx.)
Lot SF
1,750 (Approx.)
Zoning
R3-2 / C2-2
FAR
0.6
BSF
1,050
Building Dimensions
17.5’ x 68’ (Approx.)
Building Size
3,570 (Approx.)
Stories
2 + (Basement)
Units
2
Assessment (17/18):
$60,154
Tax Rate: (17/18):
10.5740%
Taxes (17/18):
$6,360
Property Highlights •
Property contains two commercial units & rentable basement
•
Building contains elevator & security cameras for both the interior & exterior
•
First floor & basement is currently built out for a medical facility/office
•
Basement included on certificate of occupancy as rentable space
•
The second floor office is currently occupied on a month-month lease; tenant is willing to sign extension or vacate at owner’s
•
request Tax bill currently benefits from ICIP Exemption (Year 10 of 15)
• •
Property contains 2 parking spaces in front of the building Flatbush Avenue/Quentin Road bus stop, servicing the B9, B41, & Q9 buses, is right in front of the property
For More Information, Please Contact: Edward Gevinski Jr. Senior Director 718 307 6502 [email protected]
Brian Streilein Director 718 307 6505 [email protected]
Projected Revenue Unit Status Lease Exp. 1st Floor w/ Basment Vacant N/A 2nd Floor Office Occupied M-M Totals Projected Expenses Description Real Estate Taxes ('17/'18): Insurance: Water/Sewer: (NYC) Fuel: Electric: Total Expenses: Net Operating Income:
Type Retail Office
SF (Approx.) 2,380 1,190 3,570
P.P.S.F. $30 $25
Monthy $5,950 $2,500 $8,450
DOF Actual Projected @ $1.00 per SF Tenants Pays Tenants Pays Tenants Pays
Annual $71,400 $30,000 $101,400
$6,360 $2,380 $8,740 $92,660
Asking Price: $1,200,000 Cushman & Wakefield One Pierrepont Plaza, 9th Floor Suite 2 Brooklyn, NY 11201 phone: +1 718 238 8999 nyinvestmentsales.com
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, Cushman & wakefield copyright 2015. or Noother warranty or representation, express or implied, made thespecial accuracy or completeness of the information containedowner(s). herein, andAs same is submitted to errors, omissions,as change price, omissions, change of price, rental conditions, withdrawal without notice,isand to to any listing conditions imposed by the property applicable, we subject make no representation to theofcondition rental other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question. of theorproperty (or properties) in question.
2174 Flatbush Avenue Brooklyn, NY 2 Story Commercial Building For Sale
FOR SALE
For More Information, Please Contact: Edward Gevinski Jr. Senior Director 718 307 6502 [email protected]
Brian Streilein Director 718 307 6505 [email protected]
Cushman & Wakefield One Pierrepont Plaza, 9th Floor Suite 2 Brooklyn, NY 11201 phone: +1 718 238 8999 nyinvestmentsales.com
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, Cushman & wakefield copyright 2015. or Noother warranty or representation, express or implied, made thespecial accuracy or completeness of the information containedowner(s). herein, andAs same is submitted to errors, omissions,as change price, omissions, change of price, rental conditions, withdrawal without notice,isand to to any listing conditions imposed by the property applicable, we subject make no representation to theofcondition rental other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question. of theorproperty (or properties) in question.
FOR SALE Building Features Location
West side of Flatbush Avenue between Quentin Road & Avenue R
Block / Lot
7889 / 163
Lot Dimensions
17.5’ x 100’ (Approx.)
Lot SF
1,750 (Approx.)
Zoning
R3-2 / C2-2
FAR
0.6
BSF
1,050
Building Dimensions
17.5’ x 68’ (Approx.)
Building Size
3,570 (Approx.)
Stories
2 + (Basement)
Units
2
Assessment (17/18):
$60,154
Tax Rate: (17/18):
10.5740%
Taxes (17/18):
$6,360
Property Highlights •
Property contains two commercial units & rentable basement
•
Building contains elevator & security cameras for both the interior & exterior
•
First floor & basement is currently built out for a medical facility/office
•
Basement included on certificate of occupancy as rentable space
•
The second floor office is currently occupied on a month-month lease; tenant is willing to sign extension or vacate at owner’s
•
request Tax bill currently benefits from ICIP Exemption (Year 10 of 15)
• •
Property contains 2 parking spaces in front of the building Flatbush Avenue/Quentin Road bus stop, servicing the B9, B41, & Q9 buses, is right in front of the property
For More Information, Please Contact: Edward Gevinski Jr. Senior Director 718 307 6502 [email protected]
Brian Streilein Director 718 307 6505 [email protected]
Projected Revenue Unit Status Lease Exp. 1st Floor w/ Basment Vacant N/A 2nd Floor Office Occupied M-M Totals Projected Expenses Description Real Estate Taxes ('17/'18): Insurance: Water/Sewer: (NYC) Fuel: Electric: Total Expenses: Net Operating Income:
Type Retail Office
SF (Approx.) 2,380 1,190 3,570
P.P.S.F. $30 $25
Monthy $5,950 $2,500 $8,450
DOF Actual Projected @ $1.00 per SF Tenants Pays Tenants Pays Tenants Pays
Annual $71,400 $30,000 $101,400
$6,360 $2,380 $8,740 $92,660
Asking Price: $1,200,000 Cushman & Wakefield One Pierrepont Plaza, 9th Floor Suite 2 Brooklyn, NY 11201 phone: +1 718 238 8999 nyinvestmentsales.com
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, Cushman & wakefield copyright 2015. or Noother warranty or representation, express or implied, made thespecial accuracy or completeness of the information containedowner(s). herein, andAs same is submitted to errors, omissions,as change price, omissions, change of price, rental conditions, withdrawal without notice,isand to to any listing conditions imposed by the property applicable, we subject make no representation to theofcondition rental other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question. of theorproperty (or properties) in question.
2174 Flatbush Avenue Brooklyn, NY 2 Story Commercial Building For Sale
FOR SALE
For More Information, Please Contact: Edward Gevinski Jr. Senior Director 718 307 6502 [email protected]
Brian Streilein Director 718 307 6505 [email protected]
Cushman & Wakefield One Pierrepont Plaza, 9th Floor Suite 2 Brooklyn, NY 11201 phone: +1 718 238 8999 nyinvestmentsales.com
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, Cushman & wakefield copyright 2015. or Noother warranty or representation, express or implied, made thespecial accuracy or completeness of the information containedowner(s). herein, andAs same is submitted to errors, omissions,as change price, omissions, change of price, rental conditions, withdrawal without notice,isand to to any listing conditions imposed by the property applicable, we subject make no representation to theofcondition rental other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question. of theorproperty (or properties) in question.
