1319 East New York Avenue, Brooklyn, NY
Others for Sale - $1,350,000 - 130 Sq. Ft. on 0.16 acres
Property Info
| CIMLS# | 1051789 |
| Location 1319 East New York Avenue Brooklyn NY 11212 | |
| Updated | July 17th, 2019 |
| Type | Others |
| Price | $1,350,000 |
| Building | 130 Sq. Ft. |
| Land | 0.16 acres |
Property Description
Coldwell Banker Reliable Commercial Division is pleased to offer 1319 East New York Avenue for sale. With an asking price of $1,350,000, this 7,000 square foot corner lot has a 17,010 residential buildable square footage/ 33,600 facility buildable square footage and 2.4 residential FAR/ 4.8 facility FAR. Located in the Ocean Hill section of Brooklyn, NY, residential rental projections include $554,000- Gross Revenue, $329,000- Expenses, $226,000- Net Income, 16.7% Cap Rate. Within walking distance to the B12 & B14 buses and the 2, 3, & 4 trains. Easy access to major retail corridors.
