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$ 1,850,000
Est. payment /mo
Active
1156 Liberty AVE Brooklyn, NY 11208
1,799 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEY811323
Rental Info No
Year Built 1920
Annual Tax Amount $22,628
Lot Size 1,799 Sqft
Acres 0.0413
Property Sub-Type Mixed Use
Source onekey2
Property Description
Calling All Investors, Developers, & End-Users!!! 3 Unit 4,780 Sqft. Mixed-Use Building On Liberty Avenue In Brooklyn For Sale!!! The Property Features Excellent Signage, Great Exposure,, Strong R5/C1-2 Zoning, High 11' Ceilings, 6 Parking Spaces, Separate Meters, 200 Amp Power, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Cypress Hills 2 Blocks From N Conduit Ave. & Minutes From Forest Park Golf Course!!! Neighbors Include Stop & Shop, Key Food, Dunkin', LA Fitness, Mobil, Wendy's, Subway, Checker's, Burger King, Dollar Tree, White Castle, IHOP, +++!!! The Property Has 17' Of Frontage On Busy Liberty Avenue!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site / The Next Home For Your Business!!!
Income:
3rd Floor (Computer/Shipping Company): $36,000 Ann.; Lease Exp.: 2028.
2nd Floor (Hair Salon): $36,000 Ann.; Lease Exp.: 2029.
1st Floor (Clothing Store): $72,000 Ann. Will Be Delivered Vacant.
Pro Forma Gross Income: $144,000 Ann.
Expenses:
Gas: $0 Ann.
Electric: $0 Ann.
Maintenance & Repairs: $250 Ann.
Water & Sewer: $420 Ann.
Insurance: $1,823 Ann.
Taxes: $22,626 Ann.
Total Expenses: $25,119 Ann
Net Operating Income (NOI): $118,881 Ann.
Income:
3rd Floor (Computer/Shipping Company): $36,000 Ann.; Lease Exp.: 2028.
2nd Floor (Hair Salon): $36,000 Ann.; Lease Exp.: 2029.
1st Floor (Clothing Store): $72,000 Ann. Will Be Delivered Vacant.
Pro Forma Gross Income: $144,000 Ann.
Expenses:
Gas: $0 Ann.
Electric: $0 Ann.
Maintenance & Repairs: $250 Ann.
Water & Sewer: $420 Ann.
Insurance: $1,823 Ann.
Taxes: $22,626 Ann.
Total Expenses: $25,119 Ann
Net Operating Income (NOI): $118,881 Ann.
Location
State NY
County Kings (brooklyn)
Interior
Heating Natural Gas
Cooling Central Air
Fireplace No
Exterior
Utilities Available Natural Gas Connected
Total Parking Spaces 6
Building
Story 3
Sewer Other
Water Public
Structure Type Brick,Frame
Others
Special Listing Condition None
Listed by All Island Estates Realty Corp