3626 kings highway brooklyn, ny 11234 - Agorafy

Report 1 Downloads 101 Views
3626 KINGS HIGHWAY BROOKLYN, NY 11234 9 Unit Free Market Co-op Package

FOR SALE

7,425 SF (approx.) BUILDING FEATURES BLOCK / LOT:

7654/ 14

LOT DIMENSIONS:

228' x 115’ (Approx.)

BUILDING SIZE:

212.92’ x 74.17’ (Approx.)

GROSS SF:

7,425 (Approx.)

TOTAL UNITS:

9 (Approx.)

STORIES:

6 (Approx.)

ZONING:

R5

GROSS ANNUAL INCOME:

$155,535 (Approx.)

MAINTENANCE FEES:

$81,315 (Approx.)

NET OPERATING INCOME:

$74,220 (Approx.)

PRICE PER UNIT

$166,667 (Projected)

PROPERTY FEATURES

Cushman & Wakefield has been retained on an exclusive basis to sell 9 free market apartments in this 6-story, elevator building in Marine Park, Brooklyn. The property is located on the south side of Kings Highway stretching from East 35th street to East 36th Street and measures approximately 94,128 SF. Currently all of the units are fully occupied. It is conveniently located to a number of public transportation options including the B7 & B82 bus routes along Kings Highway, the B9 along Avenue L and the B41 & Q35 at the intersection of Flatbush Avenue and Kings Highway. ASKING PRICE

$1,500,000

FOR MORE INFORMATION, PLEASE CONTACT: Edward Gevinski Jr. Aaron Warkov Brian Streilein Edward Gevinski Jr. Brock Emmetsberger Brian Streilein Director Associate Director Senior Associate Director Executive Director Senior Associate (718) 307 6502 (718) 307 6551 (718) 307 6505 [email protected] [email protected] [email protected] [email protected] [email protected] [email protected]

(718) 307-6502

(212) 696-2500 ext. 7776

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

(718) 307-6505

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.

3626 KINGS HIGHWAY BROOKLYN, NY 11234 9 FREE MARKET APARTMENTS

FOR SALE

7,425 SF (approx.)

MAINTENANCE FEES

RENT ROLL

UNIT

STATUS

S.F.

BR

MONTHLY

ANNUAL

UNIT

MONTHLY

ANNUAL

1D

OCCUPIED

810

1-BR

$1,273

$15,280

1D

$707

$8,480

1F

OCCUPIED

812

1-BR

$1,348

$16,174

1F

$663

$7,957

2B

OCCUPIED

864

1-BR

$1,495

$17,940

2B

$739

$8,871

2F

OCCUPIED

812

1-BR

$1,570

$18,837

2F

$678

$8,132

3D

OCCUPIED

810

1-BR

$1,345

$16,137

3D

$736

$8,827

5F

OCCUPIED

812

1-BR

$1,448

$17,376

5F

$721

$8,653

5G

OCCUPIED

699

1-BR

$1,480

$17,754

5G

$721

$8,653

6G

OCCUPIED

699

1-BR

$1,360

$16,323

6G

$736

$8,827

6K

OCCUPIED

1,097

2-BR

$1,643

$19,714

6K

$1,076

$12,915

$12,961

$155,535

TOTAL

$6,776

$81,315

TOTAL

7,425

GROSS ANNUAL INCOME:

$155,535

MAINTENANCE FEES:

$81,315

NET OPERATING INCOME

$74,220

Asking Price: $1,500,000

FOR MORE INFORMATION, PLEASE CONTACT: Edward Gevinski Jr. Aaron Warkov Brian Streilein Edward Gevinski Jr. Brock Emmetsberger Brian Streilein Director Associate Director Senior Associate Director Executive Director Senior Associate (718) 307 6502 (718) 307 6551 (718) 307 6505 [email protected] [email protected] [email protected] [email protected] [email protected] [email protected]

(718) 307-6502

(212) 696-2500 ext. 7776

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

(718) 307-6505

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.