885 Nostrand Avenue
Brooklyn, NY 11225
MLS #407364

Commercial
  • 1,800sq ft
$325,000
Est. P&I payment: $1241.28/mo
885 Nostrand Avenue, Brooklyn, NY 11225
  • 885 Nostrand Avenue, Brooklyn, NY 11225 Photo 1
  • 885 Nostrand Avenue, Brooklyn, NY 11225 Photo 2
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Description for 885 Nostrand Avenue, Brooklyn, NY 11225
ESTABLISHED IN 1998, GREAT FOR OWNER OPERATOR, BUSINESS THAT GENERATE YOU INCOME FROM THE DAY 1. GREAT VERY BUSY LOCATION CROWN HEIGHTS.
MLS #407364
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My Notes for MLS #407364

General Features

  • Current Use: Other
  • Number Of Stores: 5
  • Owner Occupied: Yes
  • Potential Use: Other
  • Property Sub Type: Business Only
  • Property Type: Commercial
  • Status: Active
  • Unit Count: 2
  • Zoning: r6

Utility Features

  • AC Units: 2
  • Equipment Included: LAUNDROMAT INCLUDE 31 WASHERS,​ 26 DRYERS,​ 2 CHANGE COUNTERS.
  • Utility Expense: 4,000

Financial Features

  • Assessment Fee End Date: 0000-00-00 00:00:00
  • Cap Rate: 0.35
  • Financing: Cash
  • Fuel Expense: 8,000
  • Gross Expense: 71,800
  • Gross Income: 185,000
  • Gross Lease: 3,400
  • Insurance Expense: 2,000
  • Inventory Expense: 600
  • Miscellaneous Expense: 1,000
  • Net Operating Income: 113,200
  • Tax Abatement End Date: 0000-00-00 00:00:00
  • Tax Amount: 5,000
  • Tenant Lease End Date: 0000-00-00 00:00:00
  • Transaction Type: Sale
  • Years Remaining On Lease: 10

Interior Features

  • Basement Amenities: Semi-Finished
  • Ceiling Height: 11-15 Foot
  • Commercial Features Interior: Other
  • Lavatories: None
  • Sq Ft Total: 1,800
  • Walls: Block

Miscellaneous Features

  • Date Available: 0000-00-00 00:00:00
  • Sale Type: Arm's Length

Community Features

  • Borough: Brooklyn
  • City: Brooklyn
  • County Or Parish: Kings (Brooklyn)
  • Cross Street Name: Carroll
  • Cross Street Name 2: Crown
  • MLS Area Major: Crown Heights

Exterior Features

  • Building Type: Attached
  • Commercial Features Exterior: Sign - Door
  • Construction Materials: Brick
  • Foundation Details: Poured Concrete
  • Loading Docks: Other
  • Lot Size Length: 40
  • Lot Size Width: 50
  • Lot Sq Ft: 1,800
  • Parking Features: Street
  • Roof: Flat

Location

 
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The listing information for 885 Nostrand Avenue, Brooklyn, NY 11225 was graciously provided by our friends at the listing brokerage, Talk of the Town Realty Corp.

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P&I Payment $1241.28
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Realty Top Properties's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Realty Top Properties, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 10/23/2017 at 1:08pm
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