Calling All Investors, Developers, & End-Users!!! 7.15 Cap 4 Unit 6,000 Sqft. Mixed-Use Building On Flatbush Avenue For Sale!!! The Property Features Excellent Signage, Great Exposure, C4-4A (R7A Equivalent) Zoning, High 9' Ceilings, Low Property Taxes, 2,000 Sqft. Basement, 6 Parking Spaces, 200 Amp Power, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Brooklyn 2 Blocks Kings Theatre & Minutes From Prospect Park!!! Neighbors Include Capital One Bank, Bank of America, Verizon, T-Mobile, CubeSmart Self Storage, Planet Fitness, PureGym, Crunch Fitness, Target, Shell, Dunkin', Foot Locker, Taco Bell, McDonald's, Wendy's, Chipotle, Auntie Anne's, Wingstop, Subway, Popeye's Louisiana Kitchen, Checkers, Burger King, Five Below, IHOP, +++!!! The Property Has 21' Of Frontage On Busy Flatbush Avenue!!! This Property Has A Daily Traffic Count Of 15,400+ Vehicles Per Day!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site / The Next Home For Your Business!!! Income: 1st Floor Store (2,000 Sqft. + 2,000 Sqft. LL): $96,000 Ann.2nd Floor Office (2,000 Sqft.): $60,000 Ann.3rd Floor Front Office: $31,200 Ann.3rd Floor Rear Office: $34,800 Ann. (Available)Pro Forma Gross Income: $222,000 Ann. Expenses: Electric: $0 Ann. Maintenance & Repairs: $250 Ann. Water & Sewer: $458 Ann. Insurance: $2,823 Ann. Taxes: $26,165.40 Ann. Total Expenses: $29,696.40 Ann Net Operating Income (NOI): $192,303.60 Ann. (7.15% Cap!!!)
Listing By
Agency Name: All Island Estates Realty Corp
Agency Contact: 516-783-5600
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
926 Flatbush Avenue | MLS# 965426
This commercial property located at 926 Flatbush Avenue, Brooklyn, NY 11226 is currently listed for sale with an asking price of $2,688,000. Search Brooklyn real estate on www.coldwellbankerchoice.com today.