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713 Decatur Street

Bedford-Stuyvesant, NY 11233
  • $1,899,000
  • STATUS: Active
  • ON SITE: 264 Days
  • ID#: 3526883
Price Reduced
UPDATED: 71 min ago
$1,899,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1925
County:
Area:

School Ratings & Info

Description

SUPER LOW TAXES!!!! 8% Cap rate great investment 3 story Corner Mix-use with 2 Commercial Retail unit & 2 (4brm) vacant apartments. Apartments updated with hardwood floor throughout and each apartment has 4brm,2 bath. 1st store Deli paying 3500@3% increase and lease expiring in2033 2nd store Pharmacy paying 3100 @3% increase and lease till 2029 Apartments no lease. can be delivered vacant. now paying 4200/mo. each Total gross rent is 180,000/year Expenses are 18,800/year Net Income 161,200/year

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© 2024 OneKey MLS. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Howard Hanna Rand Realty. Data last updated: 2024-10-13T11:18:26.177.
www.hudsonlivingny.com/homes/146814507
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713 Decatur Street Bedford-Stuyvesant, NY 11233

  • Price: $1,899,000
  • Status: Active
  • On Site: 264 Days
  • Updated: 71 min ago
  • ID#: 3526883
0
Beds
0
Baths
0
½ Baths
0.03
Acres
1925
Built
Neighborhood:
Brooklyn
County:
Brooklyn
Area:
Brooklyn
Property Description
SUPER LOW TAXES!!!! 8% Cap rate great investment 3 story Corner Mix-use with 2 Commercial Retail unit & 2 (4brm) vacant apartments. Apartments updated with hardwood floor throughout and each apartment has 4brm,2 bath. 1st store Deli paying 3500@3% increase and lease expiring in2033 2nd store Pharmacy paying 3100 @3% increase and lease till 2029 Apartments no lease. can be delivered vacant. now paying 4200/mo. each Total gross rent is 180,000/year Expenses are 18,800/year Net Income 161,200/year
Exterior Features

Cross Street Broadway Overhead Door 0

Interior Features

Heating OilBaseboard

Property Features

Business Type Miscellaneous Gross Income 180000 MLSArea Minor 13 Net Operating Income 161200 Operating Expense 19782 Potential Rental Income YN Yes Property Sub Type Mixed Use Sewer Public Sewer Tax Annual Amount 2582 Tax Annual Amount1 2582 Zoning Description R6

Listing courtesy of Avnish Kumar of Vision Homes Real Estate LLC: 718-480-1231
© 2024 OneKey MLS. All rights reserved.


© 2024 OneKey MLS. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Howard Hanna Rand Realty. Data last updated: 2024-10-13T11:18:26.177.
 
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Howard Hanna Rand Realty
46 S Broadway
Nyack NY, 10960