Property Listing No Longer Available for Sale

7011 20th avenue, brooklyn, NY

Others for Sale - $2,888,888 - 4,000 Sq. Ft. on 0.05 acres


Property Info

CIMLS#1022673
Location
  7011 20th avenue
  brooklyn NY 11204
UpdatedSeptember 18th, 2018
TypeOthers
Price$2,888,888
Building4,000 Sq. Ft.
Land0.05 acres

Property Description

Great mixed use building with 100 frontage on 20th Avenue with lots of great potential. CofO (attached) Shows as 6 stores and 2 apartments, currently being used as 3 stores and 2 apartments. The Projected NOI is $130k = (Projected rent $144,000 - $14,000 Expenses). The asking price is at 4.5%CAP of the Projected RR. Perfect for a investor, user and 1031 Exchange. **DO NOT DISTURB TENANTS.** Call Listing Broker with any questions.


Financials



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