EXCLUSIVE LISTING FOR SALE

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CYPRESS HILLS, BROOKLYN | 4 MIXED-USE BUILDINGS

EXCLUSIVE LISTING FOR SALE

CYPRESS HILLS, BROOKLYN | 4 MIXED-USE BUILDINGS ADDRESS:

54-60 VERMONT ST, BROOKLYN NY 11221 BETWEEN CROSBY AVENUE AND BULWER PLACE

DESCRIPTION:

FOUR CONTIGUOUS, 3-STORY, MIXED USE BUILDINGS, CONSISTING OF 8 APTS, 4 COMMERCIAL UNITS, 4 BASEMENTS & 6 PARKING SPOTS. NEW CONSTRUCTION BUILT IN 2006. LOCATED 2 BLOCKS FROM J & Z TRAIN AND 2 BLOCKS FROM JACKIE ROBINSON PKWY.

ADDRESS:

54 VERMONT ST

56 VERMONT ST

58 VERMONT ST

60 VERMONT ST

LOT SIZE:

40.74’ X 75’

20’ X 75’

20’ X 75’

20’ X 75’

LOT AREA:

2,027 SF

1,500 SF

1,500 SF

1,500 SF

BUILT SIZE:

34.16’ X 57’

20’ X 57’

20’ X 57’

20’ X 57’

BUILT SF:

3,527 SF

3,105 SF

3,105 SF

3,105 SF

MAX BUILDABLE:

1,824 SF

1,350 SF

1,350 SF

1,350 SF

N/A

N/A

N/A

N/A

R4, C2-3

R4, C2-3

R4, C2-3

R4, C2-3

.9 (1.74 AS BUILT)

.9 (1.74 AS BUILT)

.9 (1.74 AS BUILT)

.9 (1.74 AS BUILT)

BLOCK/LOT:

3661/120

3661/121

3661/122

3661/123

ASSESSMENT:

$140,487

$ 30,273

$ 28,560

$ 27,360

TAXES (16/17):

$14,855

$ 5,709

$ 5,709

$ 5,470

K4

S2

S2

S2

ADD’L BUILDABLE: ZONING: F.A.R:

BUILDING CLASS:

TOTAL BUILT: 12,842 SF

LAYOUT:

TOTAL TAXES: $ 31,743

TOTAL ASSESSMENT: $226,680

4/5, 4/4 TOTAL APTS: 8

TOTAL ROOMS: 36

8 APT(S) ACT.

$

183,600

3 COMMERCIAL ACT.

$

69,000

1 COMMERCIAL PROJ.

$

30,000

TOTAL ESTIMATED

TAXES (16/17)

$

31,743

EXPENSES:

WATER & SEWER

$

3,500

INSURANCE

$

2,400

REPAIRS & MAINT

$

1,200

TOTAL INCOME:

NET OPERATING INCOME:

PRICE:

TOTAL COMMERCIAL: 4

$ 282,600

$ 38,843 $ 243,757

$ 4,500,000

($ 350/SF)

ALL CASH

CYPRESS HILLS, BROOKLYN | 4 MIXED-USE BUILDINGS 54 VERMONT ST, BROOKLYN, NY 11221 * (1) 3BR UNIT * (1) 2BR UNIT * $ 350/SF * 15.9 GRM * 5.4 % CAP * R4 ZONING * 1.74 FAR AS BUILT

BETWEEN CROSBY AVENUE AND BULWER PLACE

LOT SIZE: 40.74’ X 75’

LOT SF: 2,027 SF

BUILT SIZE: 34.16’ X 57’

BUILT SF: 3,528 SF

ZONING: R4, C2-3

F.A.R: 0.9

ASSESSMENT: $ 140,487

TAXES (16/17): $ 14,855

BLOCK/LOT: 3661/120

BUILDING CLASS: K4

DESCRIPTION: A NEW CONSTRUCTION (BUILT 2006) THREE-STORY, MIXED-USE BUILDING, CONSISTING OF 2 APARTMENTS, GROUND FLOOR

COMMERCIAL, AND TWO CAR PARKING SPACES. FIRST FL IS A 2000 SF COMMERCIAL SPACE. SECOND FL IS A 3 BEDROOM UNIT AND THE THIRD FL IS A 2 BEDROOM UNIT.

FINANCIAL SUMMARY

RENT ROLL

INCOME: (2) APARTMENTS ACT.

$ 4,400

(1) COMMERCIAL PROJ.

$ 2,500

(2) PARKING

$ 400

TOTAL INCOME (MONTHLY)

$ 8,300

EXPENSES: RE TAXES

$ 14,855

INSURANCE

$ 600

WATER & SEWER

$ 1,100

REPAIRS & MAINT.

$ 300

TOTAL EXPENSES

$ 16,855

PROJ NOI:

$ 70,745

CYPRESS HILLS, BROOKLYN | 4 MIXED-USE BUILDINGS * (1) 3BR UNIT * (1) 2BR UNIT * $ 350/SF * 15.9 GRM * 5.4 % CAP * R4 ZONING * 1.74 FAR AS BUILT * TAXES $5,709

56 VERMONT ST, BROOKLYN, NY 11221 BETWEEN CROSBY AVENUE AND BULWER PLACE

LOT SIZE: 20’ X 75’

LOT SF: 1,500 SF

BUILT SIZE: 20’ X 57’

BUILT SF: 3,105 SF

ZONING: R4, C2-3

F.A.R: 0.9

ASSESSMENT: $ 30,273

TAXES (16/17): $ 5,709

BLOCK/LOT: 3661/121

BUILDING CLASS: S2

DESCRIPTION: A NEW CONSTRUCTION (BUILT 2006) THREE-STORY, MIXED-USE BUILDING, CONSISTING OF 2 APARTMENTS, GROUND FLOOR COMMERCIAL, AND TWO CAR PARKING SPACES. FIRST FL IS A 2000 SF COMMERCIAL SPACE. SECOND FL IS A 3 BEDROOM UNIT AND THE THIRD FL IS A 2 BEDROOM UNIT.

FINANCIAL SUMMARY

RENT ROLL

INCOME: (2) APARTMENTS ACT.

$ 3,800

(1) COMMERCIAL ACT.

$ 2,000

(2) PARKING

$ 200

TOTAL INCOME (MONTHLY)

$ 7,300

EXPENSES: RE TAXES

$ 5,709

INSURANCE

$ 600

WATER & SEWER

$ 800

REPAIRS & MAINT.

$ 300

TOTAL EXPENSES

$ 7,409

PROJ NOI:

$ 66,991

CYPRESS HILLS, BROOKLYN | 4 MIXED-USE BUILDINGS 58 VERMONT ST, BROOKLYN, NY 11221

* (1) 3BR UNIT * (1) 2BR UNIT * $ 350/SF * 15.9 GRM * 5.4 % CAP * R4 ZONING * 1.74 FAR AS BUILT * $ 5,709 TAXES

BETWEEN CROSBY AVENUE AND BULWER PLACE

LOT SIZE: 20’ X 75’

LOT SF: 1500 SF

TOTAL BUILT SIZE: 20’ X 57’

BUILT SF: 3,105 SF

ZONING: R4, C2-3

F.A.R: 0.9

ASSESSMENT: $ 30,273

TAXES (16/17): $ 5,709

BLOCK/LOT: 3661/122

BUILDING CLASS: S2

DESCRIPTION: A NEW CONSTRUCTION (BUILT 2006) THREE-STORY, MIXED-USE BUILDING, CONSISTING OF 2 APARTMENTS, GROUND FLOOR COMMERCIAL, AND TWO CAR PARKING SPACES. FIRST FL IS A 2000 SF COMMERCIAL SPACE. SECOND FL IS A 3 BEDROOM UNIT AND THE THIRD FL IS A 2 BEDROOM UNIT.

FINANCIAL SUMMARY

RENT ROLL

INCOME (2) APARTMENTS ACT.

$ 3400

(1) COMMERCIAL ACT.

$ 1750

(1) PARKING

$ 200

TOTAL INCOME (MONTHLY) $ 6,650 EXPENSES RE TAXES

$ 5709

INSURANCE

$ 600

WATER & SEWER

$ 800

REPAIRS & MAINT.

$ 300

TOTAL EXPENSES

$ 7,409

PROJ NOI:

$ 56,791

CYPRESS HILLS, BROOKLYN | 4 MIXED-USE BUILDINGS 60 VERMONT ST, BROOKLYN, NY 11221

* (1) 3BR UNIT * (1) 2BR UNIT * $ 350/SF * 15.9 GRM * 5.4 % CAP * R4 ZONING * 1.74 FAR AS BUILT * $ 5,470 TAXES

BETWEEN CROSBY AVENUE AND BULWER PLACE

LOT SIZE: 20’ X 75’

LOT SF: 1,500 SF

BUILT SIZE: 20’ X 57’

BUILT SF: 3,105 SF

ZONING: R4, C2-3

F.A.R: 0.9

ASSESSMENT: $ 29,001

TAXES (17): $ 5,470

BLOCK/LOT: 3661/123

BUILDING CLASS: S2

DESCRIPTION: A NEW CONSTRUCTION (BUILT 2006) THREE-STORY, MIXED-USE BUILDING, CONSISTING OF 2 APARTMENTS, GROUND FLOOR

COMMERCIAL, AND TWO CAR PARKING SPACES. FIRST FL IS A 2000 SF COMMERCIAL SPACE. SECOND FL IS A 3 BEDROOM UNIT AND THE THIRD FL IS A 2 BEDROOM UNIT.

FINANCIAL SUMMARY

RENT ROLL

INCOME (2) APARTMENTS ACT.

$ 3,700

(1) COMMERCIAL ACT.

$ 2,000

(1) PARKING

$ 200

TOTAL INCOME (MONTHLY) $ 5,900 EXPENSES RE TAXES

$ 5,470

INSURANCE

$ 600

WATER & SEWER

$ 800

REPAIRS & MAINT.

$ 300

TOTAL EXPENSES

$ 7,170

PROJ NOI:

$ 75,630