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369 E 21st Street , #4

Flatbush, NY 11226
  • $899,000
  • STATUS: Active
  • ON SITE: 297 Days
  • MLS #: 3505358
$899,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1911
County:
Area:

School Ratings & Info

Description

Calling All Investors, Developers & End-Users!!! 100% 5 Unit Apartment Building In Brooklyn For Sale!!! The Building Features Great Exposure, Excellent Signage, Strong R6A Zoning, 6 Parking Spaces, High 10' Ceilings, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Brooklyn Just 3 Blocks 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 Has HUGE Upside Potential!!! This Could Be Your Next Development Site Or A Nice Addition To Your Investment Portfolio!!! Income: Apt. 1A (1 Br., 1 Bath): $26,304 Ann.; Lease Exp.: 7/31/24. Apt. 1B (1 Br. 1 Bath): $7,905.84; Lease Exp.: 5/31/24. Apt. 2A (3 Br. 1 Bath): $20,332.56 Ann.; Lease Exp.: 5/31/24. Apt. 3A (3 Br. 1 Bath): $15,516.36 Ann.; Lease Exp.: 3/31/25. Apt. 4A (3 Br. 1 Bath): $12,726.24 Ann.; Lease Exp.: 9/30/25. Gross Income: $82,785 Ann. Expenses: Heat: $1,917.30 Ann. Electric: $700.17 Ann. Maintenance & Repairs: $250 Ann. Water & Sewer: $3,500 Ann. Insurance: $5,270.66 Ann. Taxes: $22,096.20 Ann. Total Expenses: $33,734.16 Ann. Net Operating Income (NOI): $49,050.84 Ann.

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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 Berkshire Hathaway HomeService Hudson Valley Properties. Data last updated: 2024-07-13T00:19:53.06.
www.greathudsonvalleyhomes.com/homes/143536472
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369 E 21st Street , #4 Flatbush, NY 11226

  • Price: $899,000
  • Status: Active
  • On Site: 297 Days
  • MLS #: 3505358
0
Beds
0
Baths
0
½ Baths
0.05
Acres
1911
Built
Neighborhood:
Brooklyn
County:
Brooklyn
Area:
Brooklyn
Property Description
Calling All Investors, Developers & End-Users!!! 100% 5 Unit Apartment Building In Brooklyn For Sale!!! The Building Features Great Exposure, Excellent Signage, Strong R6A Zoning, 6 Parking Spaces, High 10' Ceilings, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Brooklyn Just 3 Blocks 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 Has HUGE Upside Potential!!! This Could Be Your Next Development Site Or A Nice Addition To Your Investment Portfolio!!! Income: Apt. 1A (1 Br., 1 Bath): $26,304 Ann.; Lease Exp.: 7/31/24. Apt. 1B (1 Br. 1 Bath): $7,905.84; Lease Exp.: 5/31/24. Apt. 2A (3 Br. 1 Bath): $20,332.56 Ann.; Lease Exp.: 5/31/24. Apt. 3A (3 Br. 1 Bath): $15,516.36 Ann.; Lease Exp.: 3/31/25. Apt. 4A (3 Br. 1 Bath): $12,726.24 Ann.; Lease Exp.: 9/30/25. Gross Income: $82,785 Ann. Expenses: Heat: $1,917.30 Ann. Electric: $700.17 Ann. Maintenance & Repairs: $250 Ann. Water & Sewer: $3,500 Ann. Insurance: $5,270.66 Ann. Taxes: $22,096.20 Ann. Total Expenses: $33,734.16 Ann. Net Operating Income (NOI): $49,050.84 Ann.
Exterior Features

Business Parking Spaces 6 Cross Street Beverly Road Overhead Door 0

Property Features

Gross Income 82785 MLSArea Minor 13 Net Operating Income 49050 Operating Expense 33734 Property Sub Type Mixed Use Tax Annual Amount 12484 Tax Annual Amount1 12484 Zoning Description R6A

Listing courtesy of Richard Matt Shane of All Island Estates Realty Corp: 516-783-5600
© 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 Berkshire Hathaway HomeService Hudson Valley Properties. Data last updated: 2024-07-13T00:19:53.06.
 
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