Brooklyn, NY 11208,989 & 482 Hegeman & Atkins AVE
Brooklyn, NY 11208,989 & 482 Hegeman & Atkins AVE
Brooklyn, NY 11208,989 & 482 Hegeman & Atkins AVE
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Bairo Real Estate

Bairo Real Estate

Bairo Real Estate

+1(888) 782-2476
$2,474,000
Est. payment /mo
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UPDATED:

12/04/2024 10:13 PM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEYL3566987

Originating Board onekey2

Rental Info No

Year Built 1925

Annual Tax Amount $20,893

Lot Dimensions 20x90

Property Description

Calling All Investors, Developers & End-Users!!! 100% Occupied Free Market Building Package In Brooklyn For Sale!!! The Buildings Feature Excellent Signage, Great Exposure, 2 Stores, 6 Parking Spaces, High 10' Ceilings, Strong R5 Zoning, (4) 2 Br. Apts., (2) 1 Br. Apts., (1) 3 Br. Apt., Basements, LED Lighting, 200 Amp, Power, A/C, +++!!! The Properties Are 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, +++!!! These Properties Offer HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: 989 Hegeman Avenue: Laundromat: $48,000 Ann. Grocery Store: (600 Sqft.): $30,000 Ann.; Lease Exp.: 5/1/29; $600 Ann. Inc. Unit 2R (2 Br., 1 Bath): $21,600 Ann. M-M. Unit 2L (2 Br., 1 Bath): $21,600 Ann. M-M. Unit 3R (2 Br., 1 Bath): $21,600 Ann. M-M. Unit 3L (2 Br., 1 Bath): $21,600 Ann. M-M. Gross Rent: $164,400 Ann. 482 Atkins Avenue: 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) Gross Rent: $87,600 Ann. Expenses: Gas: $5,380 Ann. Electric: $1,500 Ann. (Hallway + Basement Only) Maintenance & Repairs: $500 Ann. Insurance: $7,679 Ann. Water & Sewer: $2,863 Ann. (Excluding Laundromat) Trash: $0 Ann. Taxes: $20,892.72 Ann. Total Expenses: $38,814.72 Ann. Total Gross Income: $252,000 Ann. Net Operating Income (NOI): $213,185.28 Ann. (8.44 Cap!!!)

Location

State NY

County Kings (brooklyn)

Interior

Fireplace No

Exterior

Total Parking Spaces 6

Private Pool No

Building

Story 3

Others

Special Listing Condition None


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Listed by All Island Estates Realty Corp
Bairo Real Estate

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989 & 482 Hegeman & Atkins AVE