Suffolk 631.650.9933 Nassau 516.249.8265
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  • Located in Old Mill Basin Area. Wonderful Brick 24 Unit fully occupied. LOTS OF POTENTIAL. Viewing By appt. 16 Parking spots below building. Tenants pay All utilities except water. Separate HVAC units and Hot water tanks. 15 Year Tax abatement expired. Low common area expenses. Projected Potential income parking income (16) $67, 200 yr ($350per) Storage units (10) $33, 000yr ($275 per) Laundry Room $9k yr($750 Outsourced Mthy) Total Additional Potential income $109, 200 NOI $478, 505 Proj. cap 5 6
    5221 Flatlands Avenue Brooklyn, NY 11234
    $9,500,000
    Multi Family Commercial FORECLOSURE ML# 807492
    Located in Old Mill Basin Area. Wonderful Brick 24 Unit fully occupied. LOTS OF POTENTIAL. Viewing By appt. 16 Parking spots below building. Tenants pay All utilities except water. Separate HVAC units and Hot water tanks. 15 Year Tax abatement expired. Low common area expenses. Projected Potential income parking income (16) $67, 200 yr ($350per) Storage units (10) $33, 000yr ($275 per) Laundry Room $9k yr($750 Outsourced Mthy) Total Additional Potential income $109, 200 NOI $478, 505 Proj. cap 5
    Presented By: Blue Key Real Estate Brokerage  718-921-2280
    Call Today: 631-650-9933, or  Email: Michael J Watts & Assoc Inc
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OneKey™ MLS The data relating to real estate for sale on this web site comes in part from the OneKey™ MLS. Real Estate listings held by brokerage firms other than Michael J Watts & Associates Inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

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Suffolk - 631.650.9933   |   Nassau - 516.249.8265

524 Main Street, Islip NY 11751

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