Corner Mixed-Use Building For Sale 1902 Church Avenue ... - Agorafy
Corner Mixed-Use Building For Sale 1902 Church Avenue Brooklyn, NY 11226 Property Description:
Location:
The southeast corner of Church Avenue and East 19th Street
Block / Lot:
5099 / 101
Lot Dimensions: Lot Size:
35.47' x 100' 3,547
(approx.)
Building Dimensions Gross SF:
35.47' x 94' 9,250
(approx.)
Zoning:
R7A
Tax Assessment (14/15): R.E. Taxes (14/15):
$ $
205 Montague Street, 3rd Floor Brooklyn, NY 11201 T: 718-238-8999 / F: 718-238-6091
•
Corner three-story mixed-use building with nine rent stabilized apartments and three stores.
•
35 feet of frontage on Church Avenue.
•
One block from the Church Avenue B/Q subway station, which provides express access to Downtown Brooklyn and Manhattan.
456,298 58,657 275 Madison Avenue, 3rd Floor Asking Price: $3,750,000 New York, NY 10016 T: 212-696-2500 / F: 212-696-0333
For additional information please contact Exclusive Agent:
118-35 Queens Boulevard, 14th Floor Forest Hills, NY 11375 T: 718-275-3400 / F: 718-275-5478
Richard Velotta Director of Sales [email protected] (718) 606-7065 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
BROOKLYN
MANHATTAN
NASSAU
QUEENS
STATEN ISLAND
WESTCHESTER
Corner Mixed-Use Building For Sale 1902 Church Avenue Brooklyn, NY 11226 REVENUE: Apartments
# of Rooms
Lease Expiration
Monthly Rent
Yearly Rent
1A
3
3/31/2015
$
1,144
$
13,728
2A
4
9/30/2015
$
845
$
10,140
2B
3
5/31/2016
$
1,200
$
14,400
2C
3
11/30/2016
$
607 $
7,287
2D
3
2/28/2016
$
1,304
$
15,653
3A
4
9/14/2016
$
1,670
$
20,040
3B
3
8/31/2016
$
1,300
$
15,600
3C
3
7/31/2015
$
1,179
$
14,148
3D
3
11/14/2016
$
1,227
$
14,724
Unit Type
Lease Expiration
1902 Church Avenue
Food
1904 Church Avenue
Stores
1 East 19th Street
Monthly Rent
Yearly Rent
12/31/2016
$
4,810
$
57,720
Jewlery
9/30/2015
$
6,843
$
82,116
Nail Salon
9/30/2016
$
1,475
$
17,700
23,605 $
283,255
Totals:
$
EXPENSES: Gas:
$
11,847
Water:
$
10,040
Taxes:
$
58,657
Insurance:
$
5,883
Janitorial:
$
8,500
Supplies:
$
5,000
Electric:
$
1,144
Commercial Tenant Reimbursements:
$
(28,000)
Gross Revenue:
$
283,255
Expenses + Reimburements:
$
(73,071)
Net Operating Income:
$
210,184
205 Montague Street, 3rd Floor Brooklyn, NY 11201 Total Expenses: T: 718-238-8999 / F: 718-238-6091
275 Madison Avenue, 3rd Floor New York, NY 10016 $ T: 212-696-2500 / F: 212-696-0333
118-35 Queens Boulevard, 14th Floor 73,071 Forest Hills, NY 11375 T: 718-275-3400 / F: 718-275-5478
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
BROOKLYN
MANHATTAN
NASSAU
QUEENS
STATEN ISLAND
WESTCHESTER
Location:
The southeast corner of Church Avenue and East 19th Street
Block / Lot:
5099 / 101
Lot Dimensions: Lot Size:
35.47' x 100' 3,547
(approx.)
Building Dimensions Gross SF:
35.47' x 94' 9,250
(approx.)
Zoning:
R7A
Tax Assessment (14/15): R.E. Taxes (14/15):
$ $
205 Montague Street, 3rd Floor Brooklyn, NY 11201 T: 718-238-8999 / F: 718-238-6091
•
Corner three-story mixed-use building with nine rent stabilized apartments and three stores.
•
35 feet of frontage on Church Avenue.
•
One block from the Church Avenue B/Q subway station, which provides express access to Downtown Brooklyn and Manhattan.
456,298 58,657 275 Madison Avenue, 3rd Floor Asking Price: $3,750,000 New York, NY 10016 T: 212-696-2500 / F: 212-696-0333
For additional information please contact Exclusive Agent:
118-35 Queens Boulevard, 14th Floor Forest Hills, NY 11375 T: 718-275-3400 / F: 718-275-5478
Richard Velotta Director of Sales [email protected] (718) 606-7065 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
BROOKLYN
MANHATTAN
NASSAU
QUEENS
STATEN ISLAND
WESTCHESTER
Corner Mixed-Use Building For Sale 1902 Church Avenue Brooklyn, NY 11226 REVENUE: Apartments
# of Rooms
Lease Expiration
Monthly Rent
Yearly Rent
1A
3
3/31/2015
$
1,144
$
13,728
2A
4
9/30/2015
$
845
$
10,140
2B
3
5/31/2016
$
1,200
$
14,400
2C
3
11/30/2016
$
607 $
7,287
2D
3
2/28/2016
$
1,304
$
15,653
3A
4
9/14/2016
$
1,670
$
20,040
3B
3
8/31/2016
$
1,300
$
15,600
3C
3
7/31/2015
$
1,179
$
14,148
3D
3
11/14/2016
$
1,227
$
14,724
Unit Type
Lease Expiration
1902 Church Avenue
Food
1904 Church Avenue
Stores
1 East 19th Street
Monthly Rent
Yearly Rent
12/31/2016
$
4,810
$
57,720
Jewlery
9/30/2015
$
6,843
$
82,116
Nail Salon
9/30/2016
$
1,475
$
17,700
23,605 $
283,255
Totals:
$
EXPENSES: Gas:
$
11,847
Water:
$
10,040
Taxes:
$
58,657
Insurance:
$
5,883
Janitorial:
$
8,500
Supplies:
$
5,000
Electric:
$
1,144
Commercial Tenant Reimbursements:
$
(28,000)
Gross Revenue:
$
283,255
Expenses + Reimburements:
$
(73,071)
Net Operating Income:
$
210,184
205 Montague Street, 3rd Floor Brooklyn, NY 11201 Total Expenses: T: 718-238-8999 / F: 718-238-6091
275 Madison Avenue, 3rd Floor New York, NY 10016 $ T: 212-696-2500 / F: 212-696-0333
118-35 Queens Boulevard, 14th Floor 73,071 Forest Hills, NY 11375 T: 718-275-3400 / F: 718-275-5478
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
BROOKLYN
MANHATTAN
NASSAU
QUEENS
STATEN ISLAND
WESTCHESTER
