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    1099 Broadway

    BROOKLYN, NY 11221
    • $1,599,000
    • STATUS: Active
    • ON SITE: 68 days
    • MLS #: 445543
    UPDATED: 33 min ago
    $1,599,000
    • 0
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,450
      SQFT
    • $463
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1931
    Area:

    School Ratings & Info

    Description

    If you're looking for a truly excellent investment opportunity in a prime Brooklyn location look no further. Located in Bushwick on one of the busiest commercial corridors and only steps to the JMZ trains you would be hard pressed to find a better deal. Delivered completely vacant at closing this building has a foot print of 23x50 and sits on a lot of 23x100. It is spans over 3,400 square feet and is comprised of two very large three bedroom apartments each over 1,000 square feet, the commercial space is also over 1,000 square feet and could be home to any number of businesses. There is also a basement that stretches length and width of the building that can be coupled with the commercial space for added rental income. The zoning is great at R6/C2-3 the FAR is 2.43 and the ability to expand is possible. This is an excellent deal, perfect for a 1031 exchange. The projected rent roll is upwards of $10,000 per month, the expenses are limited and the possibilities are endless.

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    © 2021 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. 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 is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Data last updated: 2021-01-27T07:00:22.697.
    www.movetonewjersey.com/homes/112056425
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    1099 Broadway BROOKLYN, NY 11221

    • Price: $1,599,000
    • Status: Active
    • Updated: 33 min ago
    • MLS #: 445543
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    3,450
    SQFT
    $463
    $/SQFT
    1931
    Built
    Neighborhood:
    Brooklyn
    County:
    Kings (Brooklyn)
    Area:
    Bushwick
    Property Description
    If you're looking for a truly excellent investment opportunity in a prime Brooklyn location look no further. Located in Bushwick on one of the busiest commercial corridors and only steps to the JMZ trains you would be hard pressed to find a better deal. Delivered completely vacant at closing this building has a foot print of 23x50 and sits on a lot of 23x100. It is spans over 3,400 square feet and is comprised of two very large three bedroom apartments each over 1,000 square feet, the commercial space is also over 1,000 square feet and could be home to any number of businesses. There is also a basement that stretches length and width of the building that can be coupled with the commercial space for added rental income. The zoning is great at R6/C2-3 the FAR is 2.43 and the ability to expand is possible. This is an excellent deal, perfect for a 1031 exchange. The projected rent roll is upwards of $10,000 per month, the expenses are limited and the possibilities are endless.
    Exterior Features

    Building Length 50.00 Building Width 23.00 Commercial Features Exterior None Construction Materials Block Exterior Vinyl Siding Loading Docks None Lot Size Length 100 Lot Size Width 23 Parking Feature None Roof Other Yard Back

    Interior Features

    Basement Amenities CellarFull Building Footprint Sq Ft 1150 Commercial Features Interior None Flooring Hardwood Foundation Details Other Heat Delivery Other Lavatories 3

    Property Features

    Block 3230 Commercial Condo 0 Construction Type Attached Cross Street Name Dodworth St Cross Street Name2 Dekalb Av Electric 220 VCircuit Breakers Financing 1031 ExchangeBank MortgageCash Heating Fuel Gas Hot Water Gas Lot Number 47 Lot Size Irregular YN 1 Number Of Families 2 Number Of Stores 1 Property Sub Type Mixed Use Property Type Mixed Use Sale Type Arm's Length Tax Amount 7681.00 Transaction Type Sale Zoning R6

    Listing information © 2021 Brooklyn New York Multiple Listing Service, Inc.
    Listing provided courtesy of Compass Greater Ny, Llc.


    © 2021 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. 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 is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Data last updated: 2021-01-27T07:00:22.697.
     
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