$3,388,000 $18,188 est/mo Sourced by Back At You

90 E 18th Street # 53,Flatbush, NY 11226

Flatbush NY, 11226

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Description

Calling All Investors, Developers & End-Users!!! 100% Occupied 9.44 Cap 19 Unit Apartment Building In Brooklyn For Sale!!! The Building Features Great Exposure, Excellent Signage, Strong R7A Zoning, 6 Parking Spaces, High 10' Ceilings, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Brooklyn Just 1 Block From Rt. 27 Near Prospect Park Lake & The Brooklyn Museum!!! Neighbors Include UPS, FedEx, CubeSmart Self Storage, Target, ShopRite, AutoZone, Bank Of America, Optimum, Blink Fitness, Planet Fitness, Key Food, Dunkin', Walgreens, McDonald's, BP Gas, Taco Bell, Duane Reade, Dollar Tree, Five Below, Subway, National Wholesale Liquidators, Aldi, IHOP, Wendy's, KFC, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or A Nice Addition To Your Investment Portfolio!!! Income: Apt. 1A (3 Br., 1 Bath): $38,400 Ann. (Available) Apt. 1B (2 Br. 1 Bath): $15,996.36 Ann.; Lease Exp.: 12/31/23. Apt. 1C (2 Br. 1 Bath): $16,512.72 Ann.; Lease Exp.: 5/31/24. Apt. 1D (2 Br. 1 Bath): $15,271.44 Ann.; Lease Exp.: 3/31/24. Apt. 2A (1 Br. 1 Bath): $14,223.48 Ann.; Lease Exp.: 12/31/23. Apt. 2B (2 Br. 1 Bath): $15,877.32 Ann.; Lease Exp.: 3/31/25. Apt. 2C (2 Br. 1 Bath): $13,372.72 Ann.; Lease Exp.: 10/31/25. Apt. 2D (2 Br. 1 Bath): $17,496.24 Ann.; Lease Exp.: 8/31/24. Apt. 2E (1 Br. 1 Bath): $15,069.36 Ann.; Lease Exp.: 3/31/24. Apt. 3A (2 Br. 1 Bath): $24,972 Ann.; Lease Exp.: 9/30/25. Apt. 3B (3 Br. 1 Bath): $37,727.52 Ann.; Lease Exp.: 8/31/24. Apt. 3C (2 Br. 1 Bath): $17,674.32 Ann.; Lease Exp.: 8/31/25. Apt. 3D (2 Br. 1 Bath): $18,054.96 Ann.; Lease Exp.: 1/31/24. Apt. 3E (1 Br. 1 Bath): $9,181.80 Ann.; Lease Exp.: 1/31/24. Apt. 4A (1 Br. 1 Bath): $8,503.08 Ann.; Lease Exp.: 7/31/24. Apt. 4B (3 Br. 1 Bath): $ 38,751.24Ann.; Lease Exp.: 8/31/24. Apt. 4C (2 Br. 1 Bath): $17,682 Ann.; Lease Exp.: 4/30/24. Apt. 4F (1 Br. 1 Bath): $32,388 Ann.; Lease Exp.: 12/31/23. Apt. 4G (2 Br. 1 Bath): $35,940 Ann.; Lease Exp.: 7/31/24. Gross Income: $403,064.56 Ann.

Details

MLS#3505321
Listing TypeFor Sale
StyleMixed Use
Suite Number53
Sub-TypeResale
StatusActive
Year1931
Days On Site267
Listing Provided ByAll Island Estates Realty Corp | Richard Matt Shane

Features

Story(s)4
Units19
ZoningR7A
Acreage0.16

Market Activity 11226

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the OneKey MLS.

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Learn More About This Property

StateNY
CountyBrooklyn
CityFlatbush
Zip Code11226
Subarea13
Listing VS Median (in 11226)
Price:
$3,388,000
low | high
Med:
$700,000
100% of Average
On Site:
267
low | high
Med:
463.000000
57.667386609071% of Average
Sourced by Back At You
Listing Updated: June 12, 2024 at 3:04:59 AM PDT