Property Showcase

9623 Avenue MBrooklyn, NY 11236 0

$1,500,000
Multi-Family
Status: Active
  • Sqft:2,040
  • MLS#: 444100
40.637153625488281-73.893783569335938
Courtesy Of BRP Associates Inc

Description:

East 90's Canarsie Brooklyn. Totally NEWLY renovated from top to bottom in November 2019 to January 31 2020 LEGAL 3 family & store! Fully detached ALL brick building with full finished basement! 5 room apartment (2 bedroom EACH apartment unit) each 3 family! Plus Beauty salon Store front approx. 600 sq ft (20 ft wide frontage) & Huge FINISHED basement! Lot 30.5 ft x 100 ft & building size 20 ft x 51 ft New roof, siding, boiler & much more! 5 income producing plus billboard sign! Low Real Estate Taxes! Will not last! Cap rate 6% High traffic area & near all buses –Next to Minutes to Manhattan express bus, Canarsie pier & more! Start collecting your rent!! Income: 2nd floor Front $ 1,500.00 month (1 bedroom-NO LEASE)2nd floor Back $ 1,500.00 month (1 bedroom-NO LEASE)Storefront: Beauty Salon $ 2,000.00 a month (March 2025)1st floor Rear $1,700.00 a month (May 2021)Basement- $ 1,000.00 month Storage Billboard sign $ 500.00 =$ 8,200.00 a month = $98,400 yearly income!

Main Features:

Listing Status Active Year Built 1931
County Kings Taxes $7,593.00
Rental Price $0 Zoning R4-1

Additional Features:

Basement Details Finished
Other
Walk-in
Building Type Detached
Ceiling Height 8-10 Foot
Commercial Features Fence - Full
Living Space Available
Sign - Building
Storage Building
Storm Drains
Construction Brick
District Brooklyn
Electric 220 V
Circuit Breakers
Exterior Brick
Exterior Wall Block
Financing 1031 Exchange
Assumption
Bank Mortgage
Cash
Flooring Carpeting
Hardwood
Laminate
Other
Foundation Poured Concrete
Heat Steam/Radiator
Heating Fuel Gas
Hot Water Gas
Other
Lavatories 4+
Loading Dock None
Owner Occupied No
Property Subtype Mixed Use
Roof Flat
Sale Type Agent Owned
Transaction Type Sale
Yard Back
Fenced - Full
Front
Other
Side

Extra Features:

Building Square Feet 1020 CDOM 857
Fuel Exp 3000.00 Gross Income 98400
Insurance Expense 2500.00 Lot Number 2
Lot Size Length 100 Lot Size Width 31
Lot Sq Ft 3050 Number Of Families 3
Number Of Stores 1 Rent Income 98400
Unit Count 4 Utilities Expenses 2000.00

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Brooklyn Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed.
Copyright© 2023 Brooklyn MLS. All Rights Reserved.
Last Updated On: 2/3/2023 11:21:23 PM

9623 Avenue M, Brooklyn, NY 11236

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The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Brooklyn Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed.
Copyright© 2023 Brooklyn MLS. All Rights Reserved.
Last Updated On: 2/3/2023 11:21:23 PM

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