Kensington (brooklyn), NY 11218,571 Ocean Pkwy
Kensington (brooklyn), NY 11218,571 Ocean Pkwy
Kensington (brooklyn), NY 11218,571 Ocean Pkwy
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$15,388,000
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UPDATED:

12/04/2024 10:15 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEYL3588915

Originating Board onekey2

Rental Info No

Year Built 2023

Annual Tax Amount $7,533

Lot Dimensions 40x140

Property Description

Calling All Investors, Developers & End-Users!!! Brand New 100% Occupied 30 Unit Mixed-Use Building In Kensington For Sale!!! The Building Features Excellent Signage, Great Exposure, 1 Medical Office, 18 Parking Spaces, High 10' Ceilings, Strong R7A Zoning, Elevator, Motion Sensor Lights, Sprinklers, All New LED Lighting, 3 Phase Power, CAC, +++!!! The Property Is Located In The Heart Of Kensington In Between Church Ave. & Foster Ave., Just Minutes From Prospect Park Lake!!! Neighbors Include UPS, Kia, The Home Depot, Target, Costco, NYU Langone, ShopRite, T.J. Maxx, Walgreens, CVS, Extra Space Storage, Staples, Planet Fitness, Blink Fitness, Taco Bell, McDonald's, Meineke Car Care, Aldi +++!!! The Building Was Built In 2023!!! This Property Offers HUGE Upside Potential!!! This Could Make A Great Addition To Your Investment Portfolio Or Be The Next Home For Your Business!!! Income: Medical Office: $30,000 Ann. Unit 1A: $42,240 Ann. Unit 2A: $29,355 Ann. Unit 2B: $34,440 Ann. Unit 2C: $34,440 Ann. Unit 2D: $29,412 Ann. Unit 3A: $35,559 Ann. Unit 3B: $35,473.20 Ann. Unit 3C: $29,412 Ann. Unit 3D: $29,426.16 Ann. Unit 4A: $29,355 Ann. Unit 4B: $28,500 Ann. Unit 4C: $35,473.20 Ann. Unit 4D: $35,552.28 Ann. Unit 5A: $35,569.56 Ann. Unit 5B: $29,412 Ann. Unit 5C: $28,500 Ann. Unit 5D: $35,552.28 Ann. Unit 6A: $29,412 Ann. Unit 6B: $34,200 Ann. Unit 6C: $36,153 Ann. Unit 6D: $37,487.88 Ann. Unit 7A: $37,044 Ann. Unit 7B: $36,731.04 Ann. Unit 7C: $36,820.44 Ann. Unit 7D: $37,044 Ann. Unit 8A: $35,485.56 Ann. Unit 8B: $36,396 Ann. Unit 8C: $37,487.88 Ann. Unit 8D: $35,485.56 Ann. Gross Income: $1,017,419.04 Ann. Expenses: Utilities: $21,823 Ann. Maintenance & Repairs: $5,113 Ann. Management: $3,200 Ann. Insurance: $12,053 Ann. Taxes: $7,533 Ann. Total Expenses: $49,722 Ann. Net Operating Income (NOI): $967,697.04 Ann.

Location

State NY

County Kings (brooklyn)

Interior

Fireplace No

Exterior

Total Parking Spaces 18

Private Pool No

Building

Story 8

Others

Special Listing Condition None


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Listed by All Island Estates Realty Corp
Bairo Real Estate

+1(888) 782-2476 | support@bairorealestate.com

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571 Ocean Pkwy