1011 Winthrop Street
Brooklyn, NY 11212
MLS #413291

Mixed Use
  • 3,308sq ft
$799,000
Est. P&I payment: $3051.64/mo
1011 Winthrop Street, Brooklyn, NY 11212
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Description for 1011 Winthrop Street, Brooklyn, NY 11212
Welcome to Winthrop Street, this mixed use building is truly massive at 19x60. It’s currently set up as two very large three bedroom apartments upstairs that are 1000 square feet each and the commercial space is currently occupied by a church which is 1200 square feet on the ground level. There is also a full basement. This is an excellent investment in a neighborhood that is getting a lot of attention. Located on the border of Canarsie and East Flatbush, this building will be a great source of income for the savvy investor looking for a solid cap rate. Currently there are tenants occupying all spaces at under market rents. The projected income for this building is approx $80,000 on the conservative end. The landlord pays for heat and hot water, tenants pay cooking gas and electric. The building has been in the same family for decades and will need some minor cosmetic updating in order to maximize its potential. Never the less the building is massive and priced to sell. The zoning is R6 and the FAR is 2.43.
MLS #413291
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My Notes for MLS #413291

General Features

  • Lot Number: 45
  • Number Of Families: 2
  • Number Of Stores: 1
  • Owner Occupied: No
  • Property Sub Type: Mixed Use
  • Property Type: Mixed Use
  • Status: Active
  • Unit Count: 3
  • Zoning: R6

Utility Features

  • Electric: Other
  • Hot Water: Gas

Financial Features

  • Assessment Fee End Date: 0000-00-00 00:00:00
  • Financing: Bank Mortgage,​Cash,​Conventional
  • Heat Delivery: Steam/Radiator
  • Heating Fuel: Gas
  • Tax Abatement End Date: 0000-00-00 00:00:00
  • Tax Amount: 3,760
  • Tenant Lease End Date: 0000-00-00 00:00:00
  • Transaction Type: Sale

Interior Features

  • Basement Amenities: Full
  • Commercial Features Interior: Kitchen,​Living Space Available
  • Flooring: Concrete,​Hardwood
  • Lavatories: 3
  • Sq Ft Total: 3,308
  • Stories: 3

Miscellaneous Features

  • Block: 4,610
  • 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: East 91st Street
  • Cross Street Name 2: East 92nd Street
  • MLS Area Major: Canarsie

Exterior Features

  • Building Footprint Sq Ft: 1,140
  • Building Length: 60
  • Building Type: Attached
  • Building Width: 19
  • Commercial Features Exterior: None
  • Construction Materials: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Loading Docks: None
  • Lot Size Length: 100
  • Lot Size Width: 19
  • Lot Sq Ft: 1,900
  • Roof: Flat
  • Yard: Back

Location

 
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The listing information for 1011 Winthrop Street, Brooklyn, NY 11212 was graciously provided by our friends at the listing brokerage, Fillmore R.E -75 Lafayette Ave

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P&I Payment $3051.64
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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 10/17/2017 at 8:10pm
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