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986 Rutland Road Brooklyn NY 11212US11242997
986 Rutland Road BrooklynNY11212
1575000.0000 1/1/1900 12:00:00 AM
Realty Executives LAR Group
88-16 Jamaica AvenueWoodhavenNY11421
718-441-4138
1 /

Courtesy of: Nathaniel Smith, Oxford Property Group, Nate@opgny.com

986 Rutland Road
Brooklyn NY 11212 US

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1 /

Courtesy of: Nathaniel Smith, Oxford Property Group, Nate@opgny.com

Realty Executives LAR Group
88-16 Jamaica Avenue
Woodhaven, NY, US 11421
718-441-4138

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986 Rutland Road
Brooklyn NY 11212 US

$1,575,000

Active Listing ID 11242997
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$1,575,000

Active Listing ID 11242997
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986 Rutland Road Introducing 986 Rutland Road an investment property in the heart of East Flatbush on a busy intersection / corner property. The property is built 20 90 on a 100 corner lot. The sqFt above grade is 5400 and a 1800sqFt bsmt which can be used for storage / amenities for a total of 7200sqFt. All the apartments are Free Market and all tenants are paying on time. The monthly Rent Roll is 12, 890 for a grand total of 154, 680 yearly while the total yearly expense is 48, 945. The current NOI is 105, 735 with upside in potential for a new owner to come in and raise the rents. The capitalization rate is currently 6.5% negotiable for qualified buyers who can close. Access is possible

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1575000
  • unparsedaddress: 986 Rutland Road
  • postalcity: Brooklyn
  • stateorprovince: NY
  • country: US
  • postalcode: 11212
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0
  • lotsizeunits: Acres
  • livingarea: 5400
  • livingareaunits: Square Feet
  • latitude: 40.662168
  • longitude: -73.926796
  • listagentfullname: Nathaniel Smith
  • listagentemail: Nate@opgny.com
  • listagentkey: 3yd-NYSMLS-141347
  • listagentmlsid: 141347
  • listagentpreferredphone: 5166508549
  • listagentofficephone: 2123006412
  • listofficekey: 3yd-NYSMLS-4744
  • listofficemlsid: 4744
  • disclaimer: Copyright © 2024 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NYSMLS
  • listingcontractdate: 2024-02-08
  • listagenturl: http://www.opgny.com
  • countyorparish: Kings
  • elementaryschooldistrict: 000000
  • middleorjuniorschooldistrict: 000000
  • highschooldistrict: 000000
  • numberofunitstotal: 0
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Garage
  • waterfrontyn: False
  • architecturalstyle: Other
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -73.926796, 40.662168
  • customfields: {"AlternatePrices":[], "Expenses":[], "ListPriceCurrencyType":"USD", "ListingURL":"https://listings.listhub.net/pages/NYSMLS/11242997/?channel=rexren", "LeadRoutingEmail":"Nate@opgny.com", "BrokerName":"Oxford Property Group", "ListingTitle":"Commercial Building, Low-rise - Brooklyn, NY", "ListOfficeBrokerMlsId":null, "ListOfficeEmail":"adam@opgny.com", "ListOfficeAddress1":"5 West 37th Street, 12th Floor", "ListOfficeAddress2":null, "ListOfficeCity":"New York", "ListOfficePostalCode":"10018", "ListOfficeStateOrProvince":"NY", "ListOfficeCountry":"US", "BuilderPhone":null, "BuilderFax":null, "BuilderEmail":null, "UnparsedAddress":null, "UnitNumber":null, "City":null, "StateOrProvince":null, "PostalCode":null, "Country":null, "ListBrokerageName":"Oxford Property Group", "ListBrokeragePhone":"(212) 300-6412", "ListBrokerageEmail":"adam@opgny.com", "ListBrokerageWebsiteUrl":"http://www.opgny.com", "ListBrokerageLogoUrl":null, "ListBrokerageUnparsedAddress":"5 W 37th Street", "ListBrokerageUnitNumber":"Fl 12", "ListBrokerageCity":"NY", "ListBrokerageStateOrProvince":"NY", "ListBrokeragePostalCode":"10018", "ListBrokerageCountry":"US", "RoomCount":0, "GeocodeOptions":null, "MLSModificationTimestamp":"2024-04-23T09:47:14Z", "Neighborhoods":[{"Name":"Remsen Village", "Description":null}], "Taxes":[{"TaxYear":null, "TaxAnnualAmount":0, "TaxDescription":null}]}
Listing Changed: 4/23/2024 12:13:12 PM GMT
Source Updated Date: 5/5/2024 6:43:15 AM GMT

Courtesy of: Nathaniel Smith, Oxford Property Group, Nate@opgny.com

Copyright © 2024 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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