1193 Rogers Avenue - East Flatbush

[Clarendon Road & Avenue D]

Listing ID 92811TH

Description
Brooklyn Rogers Avenue & Avenue D PRIME Investment well maintained 3 Story Corner SOLID BRICK Semi Attached FULLY VACANT 10 Family & 2 store - ALL FREE MARKET RATE - NO 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!
General Details
Price价格
$4,000,000
Ownership价格
Income Property
Status
Active
Block / Lot
5214 / 1
Approx SF
8,250
Lot Size [W x D]
26'8"x102'5"
Built Size [W x D]
26'8"x102'5"
Floors | Apts
3 | 10
Year Built
1910
Expenses Per Annum
RE Taxes
$54,683