Details
Asking Price: $2,285,000
Approximate Sqft: 4,600
Zone: R4/C1-2
Estimated Income: $219,600
Taxes: $16,497
Plot: 6,100+/- SF
CAP: 7.75%
For Sale - Mixed Used Property
106-01, 05, 07, 09A
Subjects are a 4-2 level fully rented, with Mo.-Mo. leases - new leases can be signed, mixed use buildings with 5 Retail and 4 Residential tenants with a total of 4,600 +/- SF. Est. and Parking
2 blocks away: massive video-lottery casino planned at the Aqueduct Race Track, Home Depot Adj.
Estimated Income: 4 Residential: $57,600, Retail 4: $120,000, Retail 1: $42,000 = Est. Gross: $219,600.
Taxes: $16,497, Ins.: $6,000, Opr.: $20,000
Est. NOI: $177,103
Comm. FAR 1
Adjacent 10,000 SF Fully Fixtured Catering/Restaurant building also for sale.