Description
Calling All Investors, Developers & End-Users!!! 100% Occupied Free Market Building Package In Brooklyn For Sale!!! The Buildings Feature Excellent Signage, Great Exposure, 2 Stores, 6 Parking Spaces, High 10' Ceilings, Strong R5 Zoning, (4) 2 Br. Apts., (2) 1 Br. Apts., (1) 3 Br. Apt., Basements, LED Lighting, 200 Amp, Power, A/C, +++!!! The Properties Are Located In The Heart Of Brooklyn 1 Block Off Linden Blvd. (Rt. 27)!!! Neighbors Include The Home Depot, Stop & Shop, ShopRite, CubeSmart Self Storage, L.A. Fitness, Sunoco, Dollar Tree, Wendy's, Subway, +++!!! These Properties Offer HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: 989 Hegeman Avenue: Laundromat: $48,000 Ann. Grocery Store: (600 Sqft.): $30,000 Ann.; Lease Exp.: 5/1/29; $600 Ann. Inc. Unit 2R (2 Br., 1 Bath): $21,600 Ann. M-M. Unit 2L (2 Br., 1 Bath): $21,600 Ann. M-M. Unit 3R (2 Br., 1 Bath): $21,600 Ann. M-M. Unit 3L (2 Br., 1 Bath): $21,600 Ann. M-M. Gross Rent: $164,400 Ann. 482 Atkins Avenue: Unit 1 (3 Br., 1 Bath): $39,600 Ann. M-M. Unit 2R (1 Br., 1 Bath): $18,00 Ann. M-M. Unit 2F (1 Br., 1 Bath): $18,000 Ann. M-M. LL: $22,000 Ann. (Available) Gross Rent: $87,600 Ann. Expenses: Gas: $5,380 Ann. Electric: $1,500 Ann. (Hallway + Basement Only) Maintenance & Repairs: $500 Ann. Insurance: $7,679 Ann. Water & Sewer: $2,863 Ann. (Excluding Laundromat) Trash: $0 Ann. Taxes: $20,892.72 Ann. Total Expenses: $38,814.72 Ann. Total Gross Income: $252,000 Ann. Net Operating Income (NOI): $213,185.28 Ann. (8.44 Cap!!!)
-
0BEDS
-
0.09ACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
Description
Calling All Investors, Developers & End-Users!!! 100% Occupied Free Market Building Package In Brooklyn For Sale!!! The Buildings Feature Excellent Signage, Great Exposure, 2 Stores, 6 Parking Spaces, High 10' Ceilings, Strong R5 Zoning, (4) 2 Br. Apts., (2) 1 Br. Apts., (1) 3 Br. Apt., Basements, LED Lighting, 200 Amp, Power, A/C, +++!!! The Properties Are Located In The Heart Of Brooklyn 1 Block Off Linden Blvd. (Rt. 27)!!! Neighbors Include The Home Depot, Stop & Shop, ShopRite, CubeSmart Self Storage, L.A. Fitness, Sunoco, Dollar Tree, Wendy's, Subway, +++!!! These Properties Offer HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: 989 Hegeman Avenue: Laundromat: $48,000 Ann. Grocery Store: (600 Sqft.): $30,000 Ann.; Lease Exp.: 5/1/29; $600 Ann. Inc. Unit 2R (2 Br., 1 Bath): $21,600 Ann. M-M. Unit 2L (2 Br., 1 Bath): $21,600 Ann. M-M. Unit 3R (2 Br., 1 Bath): $21,600 Ann. M-M. Unit 3L (2 Br., 1 Bath): $21,600 Ann. M-M. Gross Rent: $164,400 Ann. 482 Atkins Avenue: Unit 1 (3 Br., 1 Bath): $39,600 Ann. M-M. Unit 2R (1 Br., 1 Bath): $18,00 Ann. M-M. Unit 2F (1 Br., 1 Bath): $18,000 Ann. M-M. LL: $22,000 Ann. (Available) Gross Rent: $87,600 Ann. Expenses: Gas: $5,380 Ann. Electric: $1,500 Ann. (Hallway + Basement Only) Maintenance & Repairs: $500 Ann. Insurance: $7,679 Ann. Water & Sewer: $2,863 Ann. (Excluding Laundromat) Trash: $0 Ann. Taxes: $20,892.72 Ann. Total Expenses: $38,814.72 Ann. Total Gross Income: $252,000 Ann. Net Operating Income (NOI): $213,185.28 Ann. (8.44 Cap!!!)
© 2025 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: 2025-06-21T00:18:36.803.