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854 Flushing Avenue

BROOKLYN, NY 11206
  • $3,388,888
  • STATUS: Active
  • ON SITE: 151 Days
  • MLS #: 457892
$3,388,888
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,800
    SQFT
  • $584
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1931
Area:

School Ratings & Info

Description

Introducing 854-856 Flushing Ave.Rare chance to own a major income producing mixed-use property in the prime Williamsburg. This 3 Unit building is currently being used as Laundromat at the ground floor and 2 apartments above. With building dimension 40 x 86 on 1st floor for commercial unit and 20 x 60 on 2nd and 3rd floor for 3 bedroom apartments. Heat and hot water are all separated. This sun-drenched favorable R6A, C2-4 zoned. Solid double lot property sits on a 40' X 86' Lot with FAR of 3 yielding up to 9081 buildable. Great opportunity for any savvy investor, developer to build boutique condos or highly income yielding rental units. A short distance to J and M trains at Broadway and Woodhull Medical Center, within a short distance to tons of restaurants, cafes and supermarkets. Sold as a package deal with 856 Flushing Avenue

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© 2022 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: 2022-05-21T00:00:27.727.
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854 Flushing Avenue BROOKLYN, NY 11206

  • Price: $3,388,888
  • Status: Active
  • On Site: 151 Days
  • MLS #: 457892
0
Beds
0
Baths
0
½ Baths
0.08
Acres
5,800
SQFT
$584
$/SQFT
1931
Built
Neighborhood:
Brooklyn
County:
Kings (Brooklyn)
Area:
Williamsburg
Property Description
Introducing 854-856 Flushing Ave.Rare chance to own a major income producing mixed-use property in the prime Williamsburg. This 3 Unit building is currently being used as Laundromat at the ground floor and 2 apartments above. With building dimension 40 x 86 on 1st floor for commercial unit and 20 x 60 on 2nd and 3rd floor for 3 bedroom apartments. Heat and hot water are all separated. This sun-drenched favorable R6A, C2-4 zoned. Solid double lot property sits on a 40' X 86' Lot with FAR of 3 yielding up to 9081 buildable. Great opportunity for any savvy investor, developer to build boutique condos or highly income yielding rental units. A short distance to J and M trains at Broadway and Woodhull Medical Center, within a short distance to tons of restaurants, cafes and supermarkets. Sold as a package deal with 856 Flushing Avenue
Exterior Features

Building Length 86.00 Building Width 40.00 Commercial Features Exterior Other Construction Materials Other Exterior Other Loading Docks None Lot Size Length 86 Lot Size Width 40 Parking Feature None Roof Other Yard Back

Interior Features

Basement Amenities Unfinished Building Footprint Sq Ft 3440 Commercial Features Interior Other Flooring Other Foundation Details Other Heat Delivery Other Lavatories Other

Property Features

ACUnits 3 Commercial Condo 0 Construction Type Semi-Detached Cross Street Name Garden St Electric Other Financing 1031 ExchangeBank MortgageCash Gross Income 180000 Handicap Access Yes Heating Fuel Other Hot Water Other Insurance Expense 2500.00 Lot Size Irregular YN 1 Net Operating Income 163500.00 Number Of Families 2 Number Of Stores 1 Property Sub Type Mixed Use Property Type Mixed Use Sale Type Arm's Length Tax Amount 21890.00 Transaction Type Sale Zoning R6aC2-4

Listing information © 2022 Brooklyn New York Multiple Listing Service, Inc.
Listing provided courtesy of Re/Max Edge.


© 2022 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: 2022-05-21T00:00:27.727.
 
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