BOERUM HILL 3 RESIDENTIAL
EXCLUSIVE OFFERING: CORNER BUILDING PARK SLOPE / BOERUM HILL 3 RESIDENTIAL UNITS + 2 STORES Summary: 57 Fourth Avenue, Brooklyn, NY (AKA 353 Bergen Street) North East Corner of Fourth Avenue & Bergen Street) Property Specifics: Asset type: # of Units: Block/Lot: Lot Size: Lot SF: Building Size: Square Feet: Buildable SF: # of Stories: Layout: Total Rooms: Zoning: F.A.R: Assessment: 1st Mortgage: Year Built:
Mixed Use 3 apts. + 2 stores 930/77 19.67’ x 80’ 1,573 SF 19.67’ x 80’ 4,526 SF 9,438 SF 4-story walkup 3/3 9 C2-4/R8A/EC-1 6.0 (Built: 2.88) $ 140,878 Free and Clear Circa 1920
Financials:
Comments:
Gross Income: Apartments: Stores: RE Tax Reimb: W & Sewer Reimb.: Total:
$ 96,000 $ 97,800 $ 10,200 $ 3,500 $ 207,500
Expenses: R.E. Taxes (’16): Insurance: Water & Sewer: Fuel (#2 Oil): Utilities: Payroll: Repairs & Misc: Total:
$ $ $ $ $ $ $ $
Net Income:
$ 161,590
18,110 9,000 5,000 7,000 800 3,000 3,000 45,910
Remarks: Only two blocks from the Barclay Center Property is located in the Special Enhanced Commercial District Two blocks from the Pacific/4th Ave subway station (lines 2-3-4-5-B-D-N-Q-R) Exterior recently renovated, new electric in basement.
Price $5,850,000 Reduced Price $5,350,000 Please Contact: Michelle Abramov at 646-688-1479 or [email protected] 115-12012015 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.
HIGHCAP GROUP LLC | 425 5th AVENUE SUITE 505,, NEW YORK, NEW YORK 10016 | T: 212-575-0022 | F: 212-575-5851 | WWW.HIGHCAPGROUP.COM
EXCLUSIVE OFFERING: CORNER BUILDING PARK SLOPE / BOERUM HILL 3 RESIDENTIAL UNITS + 2 STORES 57 Fourth Avenue, Brooklyn, NY Rent Roll/Maps
UNIT
TYPE
RENT/MO
LXP
Apt 1 Apt 2 Apt 3 Comm. 1
1BR 1BR 1BR Store
$2,650.00 $2,650.00 $2,900.00
2017
Comm. 2
Store
$5,450.00
Total Residential Total Commercial
TOTAL MTHLY
2016 2019 2017
$2,700.00 $8,000.00 $8,450.00
COMMENTS Renovated apartment Currently vacant 1 5-year option plus 3% annual increases; pays $9,000 RE Taxes + $2,500 Water & Sewer No option; 3% annual increases; pays $1,200 RE Taxes + $1,000 Water & Sewer
$16,150.00
AREA MAP
TAX LOT MAP
Please Contact: Michelle Abramov at 646-688-1479 or [email protected] 115-12012015 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.
HIGHCAP GROUP LLC | 425 5th AVENUE SUITE 505,, NEW YORK, NEW YORK 10016 | T: 212-575-0022 | F: 212-575-5851 | WWW.HIGHCAPGROUP.COM
Mixed Use 3 apts. + 2 stores 930/77 19.67’ x 80’ 1,573 SF 19.67’ x 80’ 4,526 SF 9,438 SF 4-story walkup 3/3 9 C2-4/R8A/EC-1 6.0 (Built: 2.88) $ 140,878 Free and Clear Circa 1920
Financials:
Comments:
Gross Income: Apartments: Stores: RE Tax Reimb: W & Sewer Reimb.: Total:
$ 96,000 $ 97,800 $ 10,200 $ 3,500 $ 207,500
Expenses: R.E. Taxes (’16): Insurance: Water & Sewer: Fuel (#2 Oil): Utilities: Payroll: Repairs & Misc: Total:
$ $ $ $ $ $ $ $
Net Income:
$ 161,590
18,110 9,000 5,000 7,000 800 3,000 3,000 45,910
Remarks: Only two blocks from the Barclay Center Property is located in the Special Enhanced Commercial District Two blocks from the Pacific/4th Ave subway station (lines 2-3-4-5-B-D-N-Q-R) Exterior recently renovated, new electric in basement.
Price $5,850,000 Reduced Price $5,350,000 Please Contact: Michelle Abramov at 646-688-1479 or [email protected] 115-12012015 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.
HIGHCAP GROUP LLC | 425 5th AVENUE SUITE 505,, NEW YORK, NEW YORK 10016 | T: 212-575-0022 | F: 212-575-5851 | WWW.HIGHCAPGROUP.COM
EXCLUSIVE OFFERING: CORNER BUILDING PARK SLOPE / BOERUM HILL 3 RESIDENTIAL UNITS + 2 STORES 57 Fourth Avenue, Brooklyn, NY Rent Roll/Maps
UNIT
TYPE
RENT/MO
LXP
Apt 1 Apt 2 Apt 3 Comm. 1
1BR 1BR 1BR Store
$2,650.00 $2,650.00 $2,900.00
2017
Comm. 2
Store
$5,450.00
Total Residential Total Commercial
TOTAL MTHLY
2016 2019 2017
$2,700.00 $8,000.00 $8,450.00
COMMENTS Renovated apartment Currently vacant 1 5-year option plus 3% annual increases; pays $9,000 RE Taxes + $2,500 Water & Sewer No option; 3% annual increases; pays $1,200 RE Taxes + $1,000 Water & Sewer
$16,150.00
AREA MAP
TAX LOT MAP
Please Contact: Michelle Abramov at 646-688-1479 or [email protected] 115-12012015 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.
HIGHCAP GROUP LLC | 425 5th AVENUE SUITE 505,, NEW YORK, NEW YORK 10016 | T: 212-575-0022 | F: 212-575-5851 | WWW.HIGHCAPGROUP.COM
