946 4th Avenue, Brooklyn, NY 11232
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946 4th Avenue, Brooklyn, NY 11232
946 4th Avenue, Brooklyn, NY 11232
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$ 4,088,000
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946 4th Avenue Brooklyn, NY 11232

3,258 SqFt


UPDATED:

Key Details

Property Type Other Rentals

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,258 sqft

Price per Sqft $1,254

MLS Listing ID 504393

Annual Tax Amount $8,179

Property Sub-Type Mixed Use

Property Description

We are PROUD to present this mixed use building in Superb condition and it's location is highly desirable. This property had a full renovation & construction work done from top to bottom and completed in 2018. The building has a significant income from the ground level retail unit which also has a massive full finished basement with high ceilings plus a full kitchen with freezers and frig which the current owner is paying $15,000.00 monthly and will sign a 5 year lease with 5yr option to renew. Plus there two (2 bedroom apartments) each unit has beautiful layout ,1 full bath , private rear terraces and sound proof windows (tenants pay their own heat and electric). The top 2 bedroom pays $ 3,595.00 and the middle unit pays $ 3,550.00. The commercial unit has 2x 7-1/2 ton AC units plus 1 -5 ton in addition the apartments AC units are a 4 ton and 3 ton. The building is completely foam insulated and well maintained. Plus the N and R train stops right at this location , industry-city few minutes away also 2 schools close by and the busy pedestrian and vehicle traffic offer great exposure for this property. The yearly gross income is $ 265,740.00 and its NOI is $237,561.00. This spot in the future would be perfect for a franchise!!!!!

Location

State NY

County Kings (brooklyn)

Area Sunset Park

Rooms

Basement Finished, Full

Interior

Interior Features Other

Hot Water Gas

Heating Gas

Flooring Tile

Heat Source Gas

Exterior

Exterior Feature Brick

Roof Type Flat,Rubber

Building

Foundation Poured Concrete

Others

Energy Description Gas

Financing 1031 Exchange,Bank Mortgage,Cash


Listed by Bergen Basin Realty LLC
Ana Levy
Ana Levy

Agent License ID: 10401363088

+1(347) 982-7361 | ana@analevyrealestate.com

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946 4th Avenue