Brooklyn Real Property, Inc.
![[Brooklyn Real Estate, listing number 7087499]](https://www.vlshomes.com/images/full/7087499a.jpg)
| Description: 7087499 | |
| Brooklyn Rogers Avenue & Avenue D PRIME Investment well maintained 3 Story Corner SOLID BRICK Semi Attached FULLY VACANT legal 10 Family & 2 store - STABILIZED & VACANT! Full basement! Featuring Vacant SEVEN 1 bedroom and THREE 2 bedrooms with living room & EIK! 2 Vacant Store approx. 1,300 sq ft each! New gas boiler! Building size 26.83 ft x 102.5 ft built on footprint. Qualified for Opportunity Zone! Projected Conservatively Projected monthly rent One bed- $ 2,000 a month Two bed $ 2,300 & Each Store $ 3,000 - High traffic & exposure warp around signage & Projected Gross annual income $ 322,800.00 Projected Gross Annual Expense $ 29,325.00 NET Projected Annual income $ 29,3475 = 8% Projected CAP Rate R6 Zoning. Great upside potential for long term or savvy investor- or developers to convert to Full market Condominium (Condo selling for $ 845.00 per sq ft today) or rent out for Affordable Housing! Don't MISS out!! Co lister Venus Siu Yee Shum - Another BRP Exclusive! Sold As Is - Great Location- a few steps away from Train, Shopping, Restaurant, bus stop in front and more! High traffic and foot traffic! | |
Details: |
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| Families: | 10 | |
| Bedrooms: | 12 | |
| Bathrooms: | 10F/2H | |
| Property Type: | Other | |
| Square Feet: | 8250 | |
| Rooms: | 13 | |
| Lot Size: | 26.83 ft x 102.5 | |
| Built: | 1910 | |
Financials: |
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| Price: | $4,000,000 | |
| Taxes: | $54,683 | |
Designed, Developed, Hosted![[PHOTO]](https://www.vlshomes.com/images/full/7097791a.jpg)
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![[PHOTO]](https://www.vlshomes.com/images/full/7098392a.jpg)