Courtesy of: Richard Matt Shane, All Island Estates Realty Corp, matthewshane8828@gmail.com
Courtesy of: Richard Matt Shane, All Island Estates Realty Corp, matthewshane8828@gmail.com
$1,500,000
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Lot: 0.06 Acres
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Other
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$1,500,000
3255 Fulton Street Calling All Investors, Developers, & End-Users!!! 8.54 Cap 3 Unit 7, 250 Sqft. Free Market Mixed-Use Building In Brooklyn For Sale!!! The Property Features Excellent Signage, Great Exposure, R6B/C2-4 Zoning, High Ceilings, 2 Apartments, Finished Basement, 3 Phase Power, Low Property Taxes, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Cypress Hills Blocks From Rockaway Blvd. & Conduit Blvd.!!! The Property Is Situated Only 15 Minutes From JFK Airport!!! Neighbors Include Chase Bank, Capital One Bank, Citibank, USPS, CubeSmart Self Storage, BP Gas, Stop & Shop, AutoZone, CVS, Dunkin', Marshalls, Family Dollar, McDonald's, Wendy's, Burger King, Papa John's Pizza, KFC, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Storefront/Office (2, 500 Sqft. + 2, 500 Sqft. LL): $48, 000 Ann. 5 Year Lease Expires 2031. Unit 2 (4 Br., 2 Bath Apt.): $49, 200 Ann. 1 Year Lease Expires 2027. Unit 3 (3 Br., 2 Bath. Apt.): $48, 000 Ann. (Available) Pro Forma Gross Income: $145, 200 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Insurance: $6, 500 Ann. Water & Sewer: $1, 800 Ann. Taxes: $8, 873.20 Ann. Total Expenses: $17, 173.20 Ann.
Courtesy of: Richard Matt Shane, All Island Estates Realty Corp, matthewshane8828@gmail.com
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