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    182 Avenue S

    BROOKLYN, NY 11223
    • $1,199,000
    • STATUS: Active
    • ON SITE: 64 days
    • MLS #: 448350
    UPDATED: 58 min ago
    $1,199,000
    • 0
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,080
      SQFT
    • $576
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1931
    Area:

    School Ratings & Info

    Description

    In the Gravesend section of Brooklyn this Mixed Use building offers 2 spacious apartments, and a ground level store with access to a full basement. The store is currently occupied by a car service business, while the basement runs the full length of the building and is perfect for storage. There is access to the basement from the 1st floor hallway and from the front of the building. The 1st floor apartment located behind the store offers a kitchen, a full bathroom, 1 spacious bedroom, a large living room, and access to the backyard. The top floor apartment is super spacious offering 3-4 bedrooms, a large living room, a kitchen, a full bathroom, and access to a covered rear terrace. Both apartments have long term tenants who are paying below market value rent. Potential Cap Rate of 4.5% with increases to market rent on residential units. Landlord responsible for water, heat, and hallway lighting. Owner ready to hear offers.

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    © 2021 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 Pagano | Keller Williams Realty. Data last updated: 2021-04-17T17:00:24.843.
    www.teampaganogroup.com/homes/114152927
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    182 Avenue S BROOKLYN, NY 11223

    • Price: $1,199,000
    • Status: Active
    • Updated: 58 min ago
    • MLS #: 448350
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    2,080
    SQFT
    $576
    $/SQFT
    1931
    Built
    Neighborhood:
    Brooklyn
    County:
    Kings (Brooklyn)
    Area:
    Gravesend
    Property Description
    In the Gravesend section of Brooklyn this Mixed Use building offers 2 spacious apartments, and a ground level store with access to a full basement. The store is currently occupied by a car service business, while the basement runs the full length of the building and is perfect for storage. There is access to the basement from the 1st floor hallway and from the front of the building. The 1st floor apartment located behind the store offers a kitchen, a full bathroom, 1 spacious bedroom, a large living room, and access to the backyard. The top floor apartment is super spacious offering 3-4 bedrooms, a large living room, a kitchen, a full bathroom, and access to a covered rear terrace. Both apartments have long term tenants who are paying below market value rent. Potential Cap Rate of 4.5% with increases to market rent on residential units. Landlord responsible for water, heat, and hallway lighting. Owner ready to hear offers.
    Exterior Features

    Building Length 52.00 Building Width 20.00 Commercial Features Exterior Other Construction Materials Brick Exterior Brick Loading Docks None Lot Size Length 100 Lot Size Width 20 Parking Attributes None Parking Feature Street Roof FlatRubber Water Front Present No Yard Back

    Interior Features

    Basement Amenities Full Building Footprint Sq Ft 1040 Ceiling Height 8-10 Foot Commercial Features Interior Other Flooring Hardwood Foundation Details Poured Concrete Heat Delivery Baseboard Lavatories 3 Walls Sheet Rock

    Property Features

    ACUnits 2 Block 7082 Certificate Of Occupancy YN 0 Commercial Condo 0 Construction Type Attached Cross Street Name West 7th St Cross Street Name2 West 6th St Electric 110 V Financing Bank MortgageCash Fuel Expense 2000.00 Gross Income 52200 Handicap Access No Heating Fuel Gas Hot Water Gas Insurance Expense 3527.00 Lot Number 6 Lot Size Irregular YN 0 Net Operating Income 40559.00 Number Of Available Units 2 Number Of Families 2 Number Of Stores 1 Property Sub Type Mixed Use Property Type Mixed Use Sale Type Arm's Length Tax Amount 4914.00 Transaction Type Sale Zoning R5b

    Listing information © 2021 Brooklyn New York Multiple Listing Service, Inc.
    Listing provided courtesy of Douglas Elliman Real Estate.


    © 2021 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 Pagano | Keller Williams Realty. Data last updated: 2021-04-17T17:00:24.843.
     
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