East New York, NY 11208,482 Atkins AVE
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East New York, NY 11208,482 Atkins AVE
East New York, NY 11208,482 Atkins AVE
East New York, NY 11208,482 Atkins AVE
East New York, NY 11208,482 Atkins AVE
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482 Atkins AVE East New York, NY 11208

2,178 Sqft Lot


UPDATED:

09/24/2024 03:52 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 3566971

Originating Board onekey

Rental Info No

Year Built 1899

Annual Tax Amount $4,920

Lot Size 2,178 Sqft

Acres 0.05

Lot Dimensions 20x100

Property Description

Calling All Investors, Developers & End-Users!!! 100% Occupied Free Market Apartment Building In Brooklyn For Sale!!! The Building Features Excellent Signage, Great Exposure, 6 Parking Spaces, High Ceilings, Strong R5 Zoning, (1) 1 Br. Apts., (1) 2 Br. Apt., (1) 3 Br. Apt., Basement, LED Lighting, A/C, +++!!! The Property Is 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, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! This Building Can Be Bought In Addition To 989 Hegeman Avenue For Only $2.474m!!! Income: 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) Total Gross Rent: $87,600 Ann. Expenses: Gas: $2,580 Ann. (Heating Only) Electric: $720 Ann. (Hallway Only) Maintenance & Repairs: $250 Ann. Insurance: $2,856 Ann. Water & Sewer: $863 Ann. Trash: $0 Ann. Taxes: $4,919.64 Ann. Total Expenses: $11,688.64 Ann. Gross Income: $87,600 Ann. Pro Forma Net Operating Income (NOI): $75,911.36 Ann. (8.68 Cap!!!) , or

Location

State NY

County Brooklyn

Zoning R5

Interior

Fireplace No

Building

Story 2

Others

Special Listing Condition None


Listed by All Island Estates Realty Corp • 516-783-5600

Niels Pennings

Real Estate Advisor | RES.RES.0814910

+1(917) 583-2567

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482 Atkins AVE