120-122 Kingsland Ave
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120-122 Kingsland Ave
2 Properties Offered at $6,500,000 in Brooklyn, NY
Investment Highlights
- Heavy Daytime Traffic.
- Corner Lot.
Executive Summary
End user or an investors delight. Warehouse currently a fish wholesaler has a 3 year lease left. Property next door 2-Family house is for sale and can be sold as a package deal, totaling a lot of 75x103. The house can be delivered vacant at closing. Tenants pay all utilities, warehouse pays 50% of the annual tax. Total gross annual income $185,040 Total Lot Size 75x102.75
Property Facts
| Price | $6,500,000 | Number of Properties | 2 |
| Price / SF | $955.88 / SF | Individually For Sale | 0 |
| Cap Rate | 2.85% | Total Building Size | 6,800 SF |
| Sale Type | Investment | Total Land Area | 0.18 AC |
| Status | Active |
| Price | $6,500,000 |
| Price / SF | $955.88 / SF |
| Cap Rate | 2.85% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 6,800 SF |
| Total Land Area | 0.18 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 122 Kingsland Ave, Brooklyn, NY 11222 | Retail | 5,000 SF | 1920 | - |
| 120 Kingsland Ave, Brooklyn, NY 11222 | Specialty | 1,800 SF | 1920 | - |
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120-122 Kingsland Ave
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