Courtesy of: Lan (Sona) Chen, E House Realty & Mgt. Inc., sclc1314520@gmail.com
Courtesy of: Lan (Sona) Chen, E House Realty & Mgt. Inc., sclc1314520@gmail.com
$4,050,000
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Lot: 0.05 Acres
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Mixed Use
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$4,050,000
5001 4th Avenue Prime Corner Mixed-Use Investment Opportunity 5001 4th Ave, Brooklyn, NY Property Details • 6 Residential Units 3(3beds and 1 bath) And 2 (2beds and 1 bath) High Demand Layout) • 2 Commercial Storefronts • 4 Stories + Basement • Brick Construction• Prime Corner Exposure Income Overview; Residential (6 Units) Total Monthly Residential Income: $14, 100 Commercial Restaurant: $5, 071 Tax Office: $1, 920 Total Commercial Income: $10, 000 Total Gross Income:$24, 100 / month $289, 200 / year Annual Expenses • Property Tax: $24, 089 Insurance: $12, 000 Gas: $12, 000 Electric: $1, 800 Water: $7, 500 Total Annual Expenses: $57, 389 Net Operating Income (NOI )$231, 811 Cap Rate: 5.41%
Courtesy of: Lan (Sona) Chen, E House Realty & Mgt. Inc., sclc1314520@gmail.com
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