5221 Flatlands Avenue
Brooklyn,
NY
11234
- Commercial
- FORECLOSURE
- Year Built 2009
- Multi Family
- ML# 807492
Property Details
Overview
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
Key Facts
- •Taxes: $128,531
- •Sale or Rent: Sale
- •Foreclose: Yes
- •School District: Ps 236 Mill Basin
•Block: 7800
- •Lot: 39
- •Construction Materials: Brick, Cedar, Foam Insulation, Frame
- •Parking Spaces: Yes
- •Parking Facilities: Underground
- •Stories: 3
- •Heat: ENERGY STAR Qualified Equipment, Forced Air, Hot Air
- •A/C: Central Air, ENERGY STAR Qualified Equipment, Separate Meters
- •Water: Public
- •Sewer: Public Sewer
Listing Information provided courtesy of
Blue Key Real Estate Brokerage
718-921-2280
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