Brooklyn NY Real Estate & Commercial for Sale

Exceptional prime space located in the vibrant neighborhood of east Flatbush Brooklyn This spacious property occupies a 30x100 ft. Lot & boasts 7,500 square feet of interior space spread out over 3 floors. It features expansive 13-foot ceiling heights-a perfect setup for various industrial pursuits. The zoning code is designated M1-1 and there are multiple uses, including industrial, manufacturing, commercial, and a community facility. The building contains 3 floors, all with separate entrances from the street. It can be used by one end user or rented out separately to maximize your investment and rental income. Main floor clear height 13' Basement has separate entrance from the street and and can be used as storage or offices Main floor is is currently used for warehouse space 2nd floor has separate entrance from the street and was used as a social hall With its prime location in East Flatbush, you'll be in close proximity to major transportation providing easy access for both employees and clients . Easily accessible to the b6, b8, b103, and b46 MTA bus line and the "2" & "5" train

Welcome to this lucrative mixed-use property in East Flatbush, New York! This versatile property offers a total insurance cost of $3,600 annually and $1,800 water annually. Tenants responsible for paying electric utilities, while water gas utilities are included. The 3-bedroom, 1-b unit is suitable for office or store use and rents for $2,400 per month with a very good tenant. In addition to the existing rental income there is a potential income of $10000 per month for the downstair office store front, making the total potential rental income $12400 per month. a current annual tax of $12,221, this property presents a promising investment opportunity. The property features a backyard for outdoor activities and relaxation, And it includes a shutter provide access to the basement. It also offers the possibility to rent out four units totaling 2,000 square feet - one in the front and three in the back, providing additional income potential. With a calculated Net Operating Income (NOI) of $128,579 and a cap rate of approximately 12.86% based on a property value of $1,000,000, this property offers a solid return on investment and significant growth potential.

100x100 One Story brick building. Max Allowable facility FAR 4.8. Great for developers / Join Venture. Potential to develop a 4 story building. Existing architectural survey available. Architect generated zoning study available upon demand. Great for developers / Join Venture. Buildable 40.000 SF. *Information obtained from public records its deemed reliable but its accuracy can not be guaranteed *