Skip To Content

600 E 22nd Street

Flatbush, NY 11226
  • $1,075,000
  • STATUS: Active
  • ON SITE: 304 Days
  • MLS #: 3505396
UPDATED: 129 min ago
$1,075,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1931
County:
Area:

School Ratings & Info

Description

Calling All Investors, Developers & End-Users!!! 100% Occupied 9.97 Cap 5 Unit Apartment Building In Brooklyn For Sale!!! The Building Features Great Exposure, Excellent Signage, Strong R7A Zoning, Private Driveway, Large Gated Yard, 6 Parking Spaces, High 10' Ceilings, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Brooklyn Just A Few Minutes 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 (Studio, 1 Bath): $24,252.60 Ann.; Lease Exp.: 5/31/24. Apt. 1B (1 Br. 1 Bath): $14,217.72 Ann.; Lease Exp.: 5/31/25. Apt. 2A (3 Br. 1 Bath): $19,004.88 Ann.; Lease Exp.: 6/30/24. Apt. 3A (3 Br. 1 Bath): $21,391.20 Ann.; Lease Exp.: 11/30/23. Apt. 4A (3 Br. 1 Bath): $18,033.36 Ann.; Lease Exp.: 9/30/25. Private Gated Parking Lot: $36,000 Ann. Gross Income: $142,899.76 Ann. Expenses: Heat: $1,510 Ann. Electric (Common Areas Only): $721 Ann. Maintenance & Repairs: $937 Ann. Water & Sewer: $4,203.58 Ann. Insurance: $5,270.66 Ann. Taxes: $13,032 Ann. Total Expenses: $25,674.24 Ann. Net Operating Income (NOI): $107,225.52 Ann. (9.97 Cap!!!)

Monthly Payment Calculator



© 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: 2024-07-20T16:19:08.997.
www.greathudsonvalleyhomes.com/homes/143538909
Print Image

600 E 22nd Street Flatbush, NY 11226

  • Price: $1,075,000
  • Status: Active
  • On Site: 304 Days
  • Updated: 129 min ago
  • MLS #: 3505396
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1931
Built
Neighborhood:
Brooklyn
County:
Brooklyn
Area:
Brooklyn
Property Description
Calling All Investors, Developers & End-Users!!! 100% Occupied 9.97 Cap 5 Unit Apartment Building In Brooklyn For Sale!!! The Building Features Great Exposure, Excellent Signage, Strong R7A Zoning, Private Driveway, Large Gated Yard, 6 Parking Spaces, High 10' Ceilings, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Brooklyn Just A Few Minutes 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 (Studio, 1 Bath): $24,252.60 Ann.; Lease Exp.: 5/31/24. Apt. 1B (1 Br. 1 Bath): $14,217.72 Ann.; Lease Exp.: 5/31/25. Apt. 2A (3 Br. 1 Bath): $19,004.88 Ann.; Lease Exp.: 6/30/24. Apt. 3A (3 Br. 1 Bath): $21,391.20 Ann.; Lease Exp.: 11/30/23. Apt. 4A (3 Br. 1 Bath): $18,033.36 Ann.; Lease Exp.: 9/30/25. Private Gated Parking Lot: $36,000 Ann. Gross Income: $142,899.76 Ann. Expenses: Heat: $1,510 Ann. Electric (Common Areas Only): $721 Ann. Maintenance & Repairs: $937 Ann. Water & Sewer: $4,203.58 Ann. Insurance: $5,270.66 Ann. Taxes: $13,032 Ann. Total Expenses: $25,674.24 Ann. Net Operating Income (NOI): $107,225.52 Ann. (9.97 Cap!!!)
Exterior Features

Business Parking Spaces 6 Cross Street Foster Avenue Overhead Door 0

Property Features

Current Use Other Gross Income 96900 MLSArea Minor 13 Net Operating Income 76785 Operating Expense 20115 Property Sub Type Mixed Use Tax Annual Amount 13032 Tax Annual Amount1 13032 Zoning Description R7A

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: 2024-07-20T16:19:08.997.
 
https://bt-photos.global.ssl.fastly.net/wpmls/orig_boomver_2_3505396-2.jpg https://bt-photos.global.ssl.fastly.net/wpmls/orig_boomver_2_3505396-2.jpg https://bt-photos.global.ssl.fastly.net/wpmls/orig_boomver_2_3505396-2.jpg
Logo
Berkshire Hathaway HomeService Hudson Valley Properties
16 Hurley Avenue
Kingston NY, 12401