2766 west 15th street brooklyn, ny 11224 - Agorafy

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2766 WEST 15TH STREET BROOKLYN, NY 11224 Mixed-Use Investment Building

FOR SALE

BUILDING FEATURES BLOCK / LOT

6996 / 84

LOT DIMENSIONS

20’ x 118.75’ (Approx.)

LOT S.F.

2,375 (Approx.)

BUILDING DIMENSIONS

20’ x 58’ (Approx.)

BUILDING S.F.

3,480 (Approx.)

UNITS

5 Residential / 1 Community Facility

ZONING / FAR

M1-2 / 2.00

BUILDABLE S.F.

4,750

TAXES (15/16)

$4,964

TENANT

SF

Lease Exp.

Monthly Rent

$/SF

Annual Rent

1R - COMMUNITY

400

VACANT

$700

$21

$8,400

1F – 2 BEDROOM

650

M-M

$1,150

$21

$13,800

2R – 1 BEDROOM

400

M-M

$950

$29

$11,400

2F – 2 BEDROOM

650

M-M

$1,200

$22

$14,400

3R – 1 BEDROOM

400

M-M

$1,050

$32

$12,600

3F – 2 BEDROOM

650

M-M

$1,100

$20

$13,200

TOTAL

3,150

$5,800

$22

$73,800

ESTIMATED EXPENSES REAL ESTATE TAXES (15/16)

Per NYC Department of Finance

($4,964)

WATER / SEWER (15/16)

Per NYC Department of Finance

($4,011)

INSURANCE

Per Owner

($2,500)

GAS

Per Owner

($3,000)

ELECTRIC

Estimated @ $0.25 / SF

OWNER’S EXPENSES

($870) ($15,345)

PROJECTED GROSS INCOME

$73,800

LESS EXPENSES

We are pleased to offer the opportunity to buy a mixed-use 6 unit building in close proximity to the newly rezoned and revitalized Coney Island Amusement Area where NYC and private firms have invested nearly $500,000,000. The property includes three 2-bedroom apartments, two 1bedroom apartments and a ground floor community facility space. The current net income is $54,255. Transportation includes the Coney Island – Stillwell Ave [D, F, N, Q] subway stop and B36, B64, B68, B74, B82, BX28 and BX38 buses as well as nearby access to Surf Avenue, Cropsey Avenue, and the Belt Parkway.

($15,345)

NET OPERATING INCOME

$58,455

ASKING PRICE

$950,000

FOR MORE INFORMATION, PLEASE CONTACT: Alex Svetlakov Director (718) 606 7062 [email protected]

Samuel E. Protzmann Associate (718) 606 7061 [email protected]

Michael Mercandetti Associate (718) 606 7063 [email protected]

CUSHMAN & WAKEFIELD 205 Montague Street, 3rd Floor Brooklyn, NY 11201 nyinvestmentsales.com

No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions, imposed by our client. The depiction in the above photography of any person, entity, sign, logo or property (other than Cushman & Wakefield’s client and the Property offered by Cushman & Wakefield) is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and Cushman & Wakefield or its client.