Corner Mixed-Use Building For Sale 1513 Bay Ridge Avenue aka 6826 New Utrecht Avenue Brooklyn, NY 11219 Address:
1513 Bay Ridge Avenue
Location:
Northwest corner of Bay Ridge Avenue and New Utrecht Avenue
Block / Lot:
5573/22
Lot Dimensions: Lot Size:
17.81' x 115.24' 2,960
(approx., irregular)
Building Gross S.F.:
5,700
(approx., irregular)
Zoning:
C1-2 Overlay in R5 Residential District
Tax Assessment (13/14): R.E. Taxes (13/14):
(approx., irregular)
$ 256,050 $ 26,432
Property Description: • Two-story, corner mixed-use building • Three commercial units and three apartments • Recently renovated • Steps from the D train subway station • Fully occupied
Asking Price: $1,300,000 For additional information please contact Exclusive Agents: Jeffrey3rd A. Shalom 205 Montague Street, Floor Vice Brooklyn, NYPresident 11201 of Sales
[email protected] T: 718-238-8999 / F: 718-238-6091 (718) 307-6558
Unit
Lease Expiration
S.F.
Monthly Rent Annual Rent
Car Service Exterminator Electrician Apt 1 Apt 2 Apt 3
Dec-14 No Lease 2016 No Lease No Lease No Lease
1,000 400 1,400 700 800 1,300
$ $ $ $ $ $
1,785 850 2,000 1,050 1,475 2,400
$ $ $ $ $ $
21,420 10,200 24,000 12,600 17,700 28,800
5,600
$
9,560
$
114,720
Total
Expenses: Real Estate Taxes (2013/2014)
275 Madison Avenue, 3rd Floor Water & Sewer New York, NY 10016 Insurance/ F: 212-696-0333 T: 212-696-2500
Richard Velotta Senior Associate
[email protected] (718) 606-7065
Electric Fuel Repairs & Maintenance Management
Per NYC Dept of Finance $ 26,432 118-35 Queens Boulevard, 14th Floor Per NYC Dept of Finance $ 2,000 Forest Hills, NY 11375 Per Owner $ 3,200 T: 718-275-3400 / F: 718-275-5478 Paid by Tenant $ Paid by Tenant $ 3% $ 3,160 3% $ 3,160
Total
$
37,953
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.
205 Montague Street • Third Floor • Brooklyn, NY 11201 • 718.238.8999 • Fax 718.238.6091 www.masseyknakal.com THE BRONX
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