Calling All Investors, Developers, & End-Users!!! 8.54 Cap 3 Unit 7,250 Sqft. Free Market Mixed-Use Building In Brooklyn For Sale!!! The Property Features Excellent Signage, Great Exposure, R6B/C2-4 Zoning, High Ceilings, 2 Apartments, Finished Basement, 3 Phase Power, Low Property Taxes, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Cypress Hills Blocks From Rockaway Blvd. & Conduit Blvd.!!! The Property Is Situated Only 15 Minutes From JFK Airport!!! Neighbors Include Chase Bank, Capital One Bank, Citibank, USPS, CubeSmart Self Storage, BP Gas, Stop & Shop, AutoZone, CVS, Dunkin’, Marshalls, Family Dollar, McDonald’s, Wendy’s, Burger King, Papa John’s Pizza, KFC, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!

Income:
Storefront/Office (2,500 Sqft. + 2,500 Sqft. LL): $48,000 Ann. 5 Year Lease Expires 2031.
Unit 2 (4 Br., 2 Bath Apt.): $49,200 Ann. 1 Year Lease Expires 2027.
Unit 3 (3 Br., 2 Bath. Apt.): $48,000 Ann. (Available)

Pro Forma Gross Income: $145,200 Ann.

Expenses:
Gas: $0 Ann.
Electric: $0 Ann.
Insurance: $6,500 Ann.
Water & Sewer: $1,800 Ann.
Taxes: $8,873.20 Ann.

Total Expenses: $17,173.20 Ann.