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9623 Avenue M
Brooklyn NY 11236 US

$1,500,000

Active Listing ID 444100
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2,040 sqft
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Built in 1931
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Lot: 3,050.00 squareFoot
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$1,500,000

Active Listing ID 444100
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9623 Avenue M East 90's Canarsie Brooklyn. Totally NEWLY renovated from top to bottom in November 2019 to January 31 2020 LEGAL 3 family & store! Fully detached ALL brick building with full finished basement! 5 room apartment (2 bedroom EACH apartment unit) each 3 family! Plus Beauty salon Store front approx. 600 sq ft (20 ft wide frontage) & Huge FINISHED basement! Lot 30.5 ft x 100 ft & building size 20 ft x 51 ft New roof, siding, boiler & much more! 5 income producing plus billboard sign! Low Real Estate Taxes! Will not last! Cap rate 6% High traffic area & near all buses –Next to Minutes to Manhattan express bus, Canarsie pier & more! Start collecting your rent!! Income: 2nd floor Front $ 1, 500.00 month (1 bedroom-NO LEASE)2nd floor Back $ 1, 500.00 month (1 bedroom-NO LEASE) Storefront: Beauty Salon $ 2, 000.00 a month (March 2025) 1st floor Rear $1, 700.00 a month (May 2021) Basement- $ 1, 000.00 month Storage Billboard sign $ 500.00 =$ 8, 200.00 a month = $98, 400 yearly income!

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Property Features

  • Facts
  • Built in: 1931
  • Lot Size: 3,050.00 acre
  • Property Type: Other
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Brick
  • Floor Covering: Carpet, Hardwood, Laminate
  • Roof Type: Unknown
  • Heating Fuels: Natural Gas
  • Heating Systems: Radiator, Steam
Listing Changed: 9/27/2021 12:29:55 PM GMT
Source Updated Date: 12/5/2021 6:30:01 AM GMT

Courtesy of: Jean Paul Ho, BRP Associates Inc

Listing Source - ListHub

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