售$165万 - 315 FLATBUSH Avenue #2, 布鲁克林 展望高地 Prospect Heights, NY 11217｜ID # RLS20100599

最后，在超过十年的时间里，Flatbush Avenue 没有商业零售公寓可供出售，而位于315 Flatbush Avenue的机会终于来了。

该公寓占地1774平方英尺，地面上超过1000平方英尺，加上700多平方英尺的地下存储空间，曾是UPS特许经营店达20年的时间，现在在市场上销售。

目前，Flatbush Avenue沿线的租赁价格已经持续突破每平方英尺150美元的高峰。以这个价格，地面将产生超过150,000美元的毛收入。

UPS商店希望至少再续租5年。他们的租约允许他们选择再续租5年，但没有提及具体条款。续租的条件为承租人需负责2004/2005年税率以上的任何房产税。如果他们以Flavor Town的价格续租，Flavor Town是一家在2024年签署143美元每平方英尺租约的熟食店，那么财务状况将如下所示：

毛收入：143,000美元
房地产税：4,667美元
年度共用设施费用：12,384美元
空置补贴：0美元
总费用：17,051美元

净收入：125,949美元

以1.65百万美元估算的资本回报率为7.6%。

对于一个商业物业的资本回报率只有5%的社区来说，这并不算坏。

Finally, after over a decade of no commercial retail condo availability along Flatbush Avenue, opportunity knocks at 315 Flatbush Avenue.

Home to a UPS franchise for two decades, this 1774 square-foot condominium, over 1000 square feet on the ground floor with over 700 square feet of basement storage, is now on the sales market after 20 years.

Presently, leases along Flatbush Avenue have consistently broken through the $150 per square foot plateau. At that price, the ground floor would generate over $150,000 gross income.

The UPS store would like to stay for another 5 years, at least. Their lease allows them an option of an additional 5 years, which they want to exercise, but it does not mention specific terms. What does carryover is the tenant responsibility for any RE Taxes above the rate of 2004/2005. If they are resigned at the rate of Flavor Town, a deli across the street which signed a $143 ppsf lease in 2024, then the financial picture would look like this:

Gross Income: $143,000
RE Taxes: $4,667
CAM Charges Annually $12,384
Vacancy Allowance $0
Total Expenses $17,051

Net Income: $125,949

Cap Rate @ $1.65M 7.6%

Not bad for a neighborhood where commercial property changes hands at a 5% cap rate.