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Posted: Friday, August 22, 2014 5:02 PM

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Richard DiPietro - (718) 921-3100 Ext: 107, Mobile: (347) 693-2995


Multifamily Property For Sale

East Flatbush Mixed Use Building For Sale

4822 Church Avenue, Brooklyn, NY 11203

Price: $705,000
No. Units: 4
Building Size: 3,360 SF
Price/Unit: $176,250
Property Type: Multifamily
Property Sub-type: Garden/Low-Rise
Property Use Type: Investment
Cap Rate: 8%
No. Stories: 2
Year Built: 1931
Lot Size: 2,036 SF
Last Verified: 5/21/2014
Listing ID: 18713199


Highlights

  • 8% Projected Cap Rate
  • $84,000 projected Gross Income / $53,623 projected Net Income
  • 3,360 SF two story building on a 20ft x 101.5ft lot
  • 1 two bedroom apartment, 2 one bedroom apartments and 1 commercial unit
  • Commercial Unit to be delivered vacant
  • Nearby amenities include public / private schools, religious facilities, medical centers, day cares, libraries, and global, local and national tenants

Description

Coldwell Banker Reliable Commercial Division is pleased to offer 4822 Church Avenue for sale. A 4 unit mixed use building located in the East Flatbush neighborhood of Brooklyn. The property consists of 1 two bedroom apartment, 2 one bedroom apartments and 1 commercial unit. Property is only one block away from Utica Avenue, a high traffic retail corridor featuring shops, businesses, restaurants and more, and is close proximity to public transportation (B35, B46 Buses and 2 & 5 Trains). For additional information or to schedule a property tour, please contact exclusive broker Coldwell Banker Reliable Commercial Division.

East Flatbush is a middle class residential neighborhood in Brooklyn, NY. Its northern border is roughly at Empire Boulevard and East New York Avenue east of East 91st Street, its southern border is in the vicinity of the LIRR Bay Ridge Branch, its eastern border is roughly at East 98th Street and its western border is roughly at New York Avenue.


Richard DiPietro - (718) 921-3100 Ext: 107, Mobile: (347) 693-2995


The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.

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4822 Church Avenue, 11203    google map | yahoo map

• Location: Brooklyn

• Post ID: 49211987 newyork
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