Mixed âUse Building For Sale - Agorafy
Mixed –Use Building For Sale 8917 Avenue M Brooklyn, NY 11236 BUILDING OVERVIEW Block/Lot Zoning Lot Dimensions Lot SF Building Dimensions Building SF Real Estate Taxes Gross Annual Income Estimated Expenses Net Operating Income Additional Air Rights
8068 / 66 R4-1 60' x 100' 6,000 16' x 42' 1,344 $6,172 $39,000 $14,020 $24,980 4,056 SF
(Approx.) (Approx.) (Approx.) (Approx.) ('14/'15) (Projected) (Projected) (Projected) (Approx.)
Property Highlights. Massey Knakal has been retained on an exclusive basis to sell this 2 story mixed-use building located on Avenue M in Canarsie, Brooklyn. The building measures 1,344 SF. The property contains a commercial space on the first floor and an apartment on the second. Currently, the residential unit is occupied, but the property can be delivered vacant upon request. The corner lot on which the building resides is approximately 6,000 SF; giving this site terrific potential for further development with 4,056 SF of additional air rights. The site is situated on the corner of Remsen Avenue and Avenue M, which is just seven blocks away from the neighborhood’s prime retail corridor on Rockaway Parkway. It is also located conveniently located to a number of public transportation options including the B102, BM3 and B17 bus routes.
Price: $575,000 For complete offering information or inspection, please contact Exclusive Agents: Edward Gevinski Jr.
Brian Streilein
Director of Sales [email protected] Tel: (718) 307-6502
Associate [email protected] Tel: (718) 307-6505
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
NEW JERSEY
QUEENS
STATEN ISLAND
WESTCHESTER
8068 / 66 R4-1 60' x 100' 6,000 16' x 42' 1,344 $6,172 $39,000 $14,020 $24,980 4,056 SF
(Approx.) (Approx.) (Approx.) (Approx.) ('14/'15) (Projected) (Projected) (Projected) (Approx.)
Property Highlights. Massey Knakal has been retained on an exclusive basis to sell this 2 story mixed-use building located on Avenue M in Canarsie, Brooklyn. The building measures 1,344 SF. The property contains a commercial space on the first floor and an apartment on the second. Currently, the residential unit is occupied, but the property can be delivered vacant upon request. The corner lot on which the building resides is approximately 6,000 SF; giving this site terrific potential for further development with 4,056 SF of additional air rights. The site is situated on the corner of Remsen Avenue and Avenue M, which is just seven blocks away from the neighborhood’s prime retail corridor on Rockaway Parkway. It is also located conveniently located to a number of public transportation options including the B102, BM3 and B17 bus routes.
Price: $575,000 For complete offering information or inspection, please contact Exclusive Agents: Edward Gevinski Jr.
Brian Streilein
Director of Sales [email protected] Tel: (718) 307-6502
Associate [email protected] Tel: (718) 307-6505
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
NEW JERSEY
QUEENS
STATEN ISLAND
WESTCHESTER
