Fair Housing Notice 34-36 UNION ST., #201, FLUSHING, NY 11354 718-886-6800
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1156 Liberty Avenue Brooklyn, NY 11208
$2,200,000
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  • Commercial
  • Year Built 1920
  • Mixed Use
  • ML# 811323
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Property Details

Overview

Calling All Investors, Developers, & End-Users!!! 3 Unit 4, 780 Sqft. Mixed-Use Building On Liberty Avenue In Brooklyn For Sale!!! The Property Features Excellent Signage, Great Exposure, , Strong R5/C1-2 Zoning, High 11’ Ceilings, 6 Parking Spaces, Separate Meters, 200 Amp Power, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Cypress Hills 2 Blocks From N Conduit Ave. & Minutes From Forest Park Golf Course!!! Neighbors Include Stop & Shop, Key Food, Dunkin’, LA Fitness, Mobil, Wendy’s, Subway, Checker’s, Burger King, Dollar Tree, White Castle, IHOP, +++!!! The Property Has 17’ Of Frontage On Busy Liberty Avenue!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site / The Next Home For Your Business!!! Income: 3rd Floor (Computer/Shipping Company): $36, 000 Ann.; Lease Exp.: 2028. 2nd Floor (Hair Salon): $36, 000 Ann.; Lease Exp.: 2029.1st Floor (Clothing Store): $72, 000 Ann. Will Be Delivered Vacant. Pro Forma Gross Income: $144, 000 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Maintenance & Repairs: $250 Ann. Water & Sewer: $420 Ann. Insurance: $1, 823 Ann. Taxes: $22, 626 Ann. Total Expenses: $25, 119 Ann Net Operating Income (NOI): $118, 881 Ann.

Key Facts

  • •Lot Size: 0.0413
  • •Lot Sq Ft: 1800
  • •Taxes: $22,628
  • •Sale or Rent: Sale
  • •Zoning: R4, R5
  • •Block: 4203
  • •Lot: 120

Additional Features

  • •Construction Materials: Brick, Frame
  • •Parking Spaces: Yes
  • •Parking Spaces: 6
  • •Stories: 3

Interior & Utilities

  • •Heat: Natural Gas
  • •A/C: Central Air
  • •Water: Public
  • •Sewer: Other

Financial

  • •Taxes: $22,628
Listing Information provided courtesy of All Island Estates Realty Corp  516-783-5600
OneKey™ MLSThe source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS