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1193 Rogers Avenue

BROOKLYN, NY 11226
  • $4,300,000
  • STATUS: Active
  • ON SITE: 55 Days
  • MLS #: 482274
$4,300,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,250
    SQFT
  • $521
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1910
Area:

School Ratings & Info

Description

Brooklyn Rogers Avenue & Avenue D PRIME Investment well maintained 3 Story Corner SOLID BRICK Semi Attached FULLY VACANT 10 Family & 2 store - ALL FREE MARKET RATE - NO 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!! Sold As Is - Great Location- a few moments away from Train, Shopping, Restaurant, bus stop in front and more! High traffic and foot traffic!

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© 2024 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: 2024-07-16T00:00:20.273.
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1193 Rogers Avenue BROOKLYN, NY 11226

  • Price: $4,300,000
  • Status: Active
  • On Site: 55 Days
  • MLS #: 482274
0
Beds
0
Baths
0
½ Baths
0.06
Acres
8,250
SQFT
$521
$/SQFT
1910
Built
Neighborhood:
Brooklyn
County:
Kings (Brooklyn)
Area:
Flatbush
Property Description
Brooklyn Rogers Avenue & Avenue D PRIME Investment well maintained 3 Story Corner SOLID BRICK Semi Attached FULLY VACANT 10 Family & 2 store - ALL FREE MARKET RATE - NO 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!! Sold As Is - Great Location- a few moments away from Train, Shopping, Restaurant, bus stop in front and more! High traffic and foot traffic!
Exterior Features

Building Length 102.50 Building Width 26.83 Commercial Features Exterior Sign - Building Construction Materials Brick Exterior Brick Loading Docks None Lot Size Length 102 Lot Size Width 27 Parking Attributes None Parking Feature Street Roof Flat Yard Other

Interior Features

Basement Amenities Full Building Footprint Sq Ft 2750 Commercial Features Interior Restrooms - PublicWindow Display Flooring CarpetingHardwoodOther Foundation Details Poured Concrete Heat Delivery Steam/Radiator Lavatories Other Walls Other

Property Features

Block 5214 Commercial Condo 0 Construction Type Semi-Detached Cross Street Name Corner Rogers Cross Street Name2 Corner Avenue D Electric Circuit Breakers Financing 1031 ExchangeCash Fuel Expense 3000.00 Gross Income 322800 Heating Fuel Gas Hot Water Other Insurance Expense 8000.00 Lot Number 1 Lot Size Irregular YN 0 Net Operating Income 293475.00 Number Of Available Units 10 Number Of Families 10 Number Of Stores 2 Property Sub Type Mixed Use Property Type Mixed Use Sale Type Arm's Length Tax Amount 54683.00 Transaction Type Sale Utility Expense 1000.00 Zoning R6

Listing information © 2024 Brooklyn New York Multiple Listing Service, Inc.
Listing provided courtesy of Brooklyn Real Property Inc.: (718) 875-8899.


© 2024 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: 2024-07-16T00:00:20.273.
 
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