600 E 22nd Street
Brooklyn, NY, 11226 $ 1,075,000
Baths0.0 Sq 3,000 Monthly Estimate*
$ 7,145
Studio
for $1,075,000. This 3,000 square foot building was built in 1931 on a lot size of 0.07.
Calling All Investors, Developers & End-Users!!! 100% Occupied 9.97 Cap 5 Unit Apartment Building In Brooklyn For Sale!!! The Building Features Great Exposure, Excellent Signage, Strong R7A Zoning, Private Driveway, Large Gated Yard, 6 Parking Spaces, High 10' Ceilings, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Brooklyn Just A Few Minutes From Rt. 27 Near Prospect Park Lake & The Brooklyn Museum!!! Neighbors Include UPS, FedEx, CubeSmart Self Storage, Target, ShopRite, AutoZone, Bank Of America, Optimum, Blink Fitness, Planet Fitness, Key Food, Dunkin', Walgreens, McDonald's, BP Gas, Taco Bell, Duane Reade, Dollar Tree, Five Below, Subway, National Wholesale Liquidators, Aldi, IHOP, Wendy's, KFC, +++!!! This Property Has HUGE Upside Potential!!! This Could Be Your Next Development Site Or A Nice Addition To Your Investment Portfolio!!! Income: Apt. 1A (Studio, 1 Bath): $24,252.60 Ann.; Lease Exp.: 5/31/24. Apt. 1B (1 Br. 1 Bath): $14,217.72 Ann.; Lease Exp.: 5/31/25. Apt. 2A (3 Br. 1 Bath): $19,004.88 Ann.; Lease Exp.: 6/30/24. Apt. 3A (3 Br. 1 Bath): $21,391.20 Ann.; Lease Exp.: 11/30/23. Apt. 4A (3 Br. 1 Bath): $18,033.36 Ann.; Lease Exp.: 9/30/25. Private Gated Parking Lot: $36,000 Ann. Gross Income: $142,899.76 Ann. Expenses: Heat: $1,510 Ann. Electric (Common Areas Only): $721 Ann. Maintenance & Repairs: $937 Ann. Water & Sewer: $4,203.58 Ann. Insurance: $5,270.66 Ann. Taxes: $13,032 Ann. Total Expenses: $25,674.24 Ann. Net Operating Income (NOI): $107,225.52 Ann. (9.97 Cap!!!)
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FeaturesList ByRichard Matt ShaneListing Agent
All Island Estates Realty CorpBroker
matthewshane8828@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,145
- Monthly Property Taxes
- $1,086
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Brooklyn, NY
Average List Price $1,908,963
Percent of Sale Price 78%
About Brooklyn, NY 2,668,108 Population
8% Since 2002
$ 56,355 Median Income
36.99 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
11/30/2023 | $1,075,000 | -2.27% | Price Down |
9/19/2023 | $1,100,000 | | Listed Price |