Property Description

Brooklyn Rogers Avenue & Avenue D PRIME Investment well maintained 3 Story Corner SOLID BRICK Semi Attached FULLY VACANT 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!! Sold As Is – Great Location- a few moments away from Train, Shopping, Restaurant, bus stop in front and more! High traffic and foot traffic!

Features
: Flat
Address Map
11226
Rogers
1193
Avenue
0
W74° 2' 55.9''
N40° 38' 26.3''
MLS Addon
: Mixed Use
0
104
: Hardwood, Other, Carpeting
: Sign - Building
: Restrooms - Public, Window Display
117350
Brooklyn Real Property Inc.
Jean P Ho
houl6773
$0
$0
: Full
: Brick
: Active
$54,683

Mixed Use For Sale

1193 Rogers Avenue, Brooklyn, New York 11226

8,250 Sqft
$4,000,000
Listing ID #482274
Basic Details
Property Type : Mixed Use
Listing Type : For Sale
Listing ID : 482274
Price : $4,000,000
Square Footage : 8,250 Sqft
Year Built : 1910
Lot Area : 2,750 Sqft
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