East Williamsburg, Brooklyn Mixed-Use Building
EXCLUSIVE LISTING
684 Lorimer Street Brooklyn, NY 11211
Justin Zeitchik Epic Commercial Realty 580 Broadway, Suite 1107 New York, NY 10012 Tel: (646) 278-4642
[email protected] Investment Summary ADDRESS:
684 LORIMER STREET, BROOKLYN, NY 11211 BETWEEN WITHERS AND FROST STREETS
DESCRIPTION:
A THREE STORY, WALK UP, MIXED USE BUILDING CONSISTING OF SIX APARTMENTS AND ONE RETAIL UNIT.
LOT SIZE:
25’ X 100’
LOT AREA: 2,500 SF
BUILT SIZE:
25’ X 52’
BUILT AREA: 3,900 SF
ADD’L BUILDABLE SF: 1,600 SF
TOTAL BUILDABLE SF: 5,500 SF
ZONING:
F.A.R: 2.2
M1-2/R6/MX-8
TOTAL ASSESSMENT: $49,491 LAYOUT:
INCOME:
1/2, 1/3, 4/4 TOTAL APTS: 6 5 APTS(S) ACT. 1 APTS(S) PROJ. 1 COMMERCIAL ACT.
ESTIMATED EXPENSES:
TAXES (14/15) WATER & SEWER INSURANCE UTILITIES REPAIRS & MAINT. NET OPERATING INCOME:
BLOCK/LOT: 2737/06 TOTAL ROOMS: 21 $ $ $
125,688 19,800 30,000
$ $ $ $ $
6,362 7,138 4,000 1,200 4,300
TOTAL RETAIL: 1
$175,488
$23,000 $152,000
$3,500,000
ALL CASH
REMARKS:
THE CURRENT OWNER INSTALLED A NEW ROOF AND GAS BOILER IN 2010. ALL UNITS ARE SEPARATELY METERED. THERE IS A FINISHED BASEMENT WHICH CAN BE DUPLEXED TO THE FIRST FLOOR. THE BUILDING IS WALKING DISTANCE TO THE LORIMER [L,G] TRAIN STATION AND MCCARREN PARK.
PROPERTY OVERVIEW
PRICE:
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 684 LORIMER STREET RENT ROLL:
BARBER SHOP 1R 1L 2R 2L 3R 3L TOTAL
ACTUAL RENT/MO
ACTUAL RENT/YR
LEGAL RENT/MO
LEGAL RENT/YR
ROOMS
STATUS
-
-
$
2,500
$
30,000
$
2,500
$
30,000
2 3 4 4 4 4
VAC-PROJ FM RS RS RS RS
$ $ $ $ $ $
1,650 2,300 1,950 2,200 2,124 1,900
$ $ $ $ $ $
19,800 27,600 23,400 26,400 25,488 22,800
$ $ $ $ $ $
1,650 2,300 2,200 2,200 2,264 2,250
$ $ $ $ $ $
19,800 27,600 26,400 26,400 27,168 27,000
$
175,488
$
15,364
$
184,368
21
$
4,624
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
APT
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PICTURES
Interior Pictures
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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