Net Operating Income: $125,694
Cap Rate: 3.0%
Price Per SF: $490.88
57th Street, Brooklyn, NY 11220
$4,200,000.00
Details
Additional Information
| City | Brooklyn |
|---|---|
| Neighborhood | Sunset Park |
| Broker | Elli Khafizov |
| Price | $4,200,000 |
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Development Opportunity on Anthony Ave, Bronx. Property is one block from the Grand Concourse & 179th St. train station which services the B & D trains. Capable of building 120 units
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Property is currently 100% leased
Strong retail corridor with heavy foot and car traffic on both sides of the streets
All tenants have 3% annual rental increases -
Total Built: 51,000 SF. Total Buildable: 105.144 SF. Tenants pay for their own utilities and gas. Property is near major highways and roads and multiple local & express buses. Property is walking distance to the 7 train
