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Home > New York real estate for sale > New York commercial

Posted: Tuesday, January 16, 2018 4:11 PM

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Coldwell Banker Reliable Commercial Division is pleased to offer 99 Jamaica Avenue for sale. A 6 unit mixed use building located in the East New York neighborhood of Brooklyn NY. The property features 6 units totaling 5,200 SF, 1,200 SF of ground floor retail and 4,000 SF of residential + a fully finished basement.

East New York is a residential neighborhood in the eastern section of the borough of Brooklyn in New York City, United States. The neighborhood is part of Brooklyn Community District 5, covered by Brooklyn Community Board 5.

Investment Highlights:
 Financial Projections: $164,000 gross revenue / $134,631 Net Income / 7.92% Cap Rate
 1,200 SF of ground floor retail
 Five residential units totaling 4,000 SF
 Three 2 bedrooms and two 1 bedrooms
 Fully finished basement & new roof

Location Highlights:
 Located on the corner of Jamaica Ave and Marginal Street.
 Nearby amenities include shops, dining, religious facilities, medical centers, schools daycares, banks, supermarkets
and more.
 Walking distance to public transportation (A,C,J &Z trains). Easy access to the Jackie Robinson Pkwy.

99 Jamaica Ave, 11207    google map | yahoo map

Bedrooms: 8

• Location: Brooklyn, East New York

• Post ID: 137025037 newyork
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