8403 7th Avenue, Brooklyn, New York 11228

$1,550,000
2,470
SqFt

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List Price
$1,550,000
Status
ACTIVE
Days on Market
74
MLS#
501485
Year Built
1926
Living Area
2,470
Lot Size
1,982
MLS Area Major
Dyker Heights

Property Description

Great potential mixed-use solid brick building in Dyker Heights. The store is 1,300 sq.ft. with approved floor plan to extend 18 x 41, 2 a half baths, it will be a commercial space which will be over 2,000 sq.ft. plus the full basement, it will be good for lots of business. The second floor features living room, dining area, modern kitchen, two nice and big skylines, three good size bedrooms, this unit will be delivery vacant. Separate boilers and water heaters. The owner pays a low operating yearly expenses for the building. Projected yearly income $93k, nets $79k, cap rate about 5%. The entire building will be full possession before it closes. A rare opportunity you shouldn't miss. *** The interior pictures for the store will be uploaded asap ***

Additional Information

Taxes
$9,210
Financing
1031 Exchange, Bank Mortgage, Cash
Zoning
C2-3/R5B
Flooring
Hardwood
Heating
Gas
Exterior Features
Brick
Stories
2
Roof
Flat
Foundation
Poured Concrete

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy Of Metro Realty Professionals