Great Investment property for any user. Great for supermarket, etc.
Asking Price: | $4,000,000 |
Established Year: | 1994 |
2 connected buildings sold together in Boro-Park as a package deal. $4,000,000
The 1st floor (ground level) store is over 4,000 sq ft, the second and third floors have rented apartments. Main busy location.
2 buildings mixed use for sale together. 2 entrances-one from New Utrecht Ave and another from 45th St. 1 building is 3 story and another one is 2 story. They are connected in the back, but can be disconnected to have a back yard or walk-through. On New Utrecht Ave there is a curtains store on the 1st floor and 2 three bedroom apartments upstairs. On 44th St there is woodwork shop on the 1st floor (about 4K sq ft) and 1 three bedroom apartment on the 2nd floor. Income: 4409 New Utrecht: 1fl $2400, 2fl $1250, 3fl $1200. 1109 45th St: 1fl $8-10K, 2fl $2250. Expenses: Real estate tax for both buildings: $26K each ($52K together). Heat for 2 separate boilers: $5K per year. Water/sewer for 2 buildings: $5K per year. 1st floor of 2 connecting buildings is great for a supermarket or any other type of business. No Leases.
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