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4117 8th Avenue

BROOKLYN, NY 11232
  • $3,750,000
  • STATUS: Active
  • ON SITE: 176 Days
  • MLS #: 460684
UPDATED: 19 min ago
$3,750,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,900
    SQFT
  • $765
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1912
Area:

School Ratings & Info

Description

Three commercial units for sale right on 8th Avenue in Sunset Park. Existing Karaoke bar had been there for ten years, triple new lease, the tenant is paying $13,000 monthly, the cellar features kitchen boiler and storage. Main floor and the second floor features ten VIP room with private restroom. The top floor commercial unit has been occupying by the same tenant and being used as a storage. See C of O #302147647F. Building siize of main floor and the second floor are 20x95. 4% cap. Seller wants to hear reasonable offers.

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© 2022 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Citi Star Realty. Data last updated: 2022-10-05T07:00:37.59.
www.citistarrealtyinc.com/homes/127593464
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4117 8th Avenue BROOKLYN, NY 11232

  • Price: $3,750,000
  • Status: Active
  • On Site: 176 Days
  • Updated: 19 min ago
  • MLS #: 460684
0
Beds
0
Baths
0
½ Baths
N/A
Acres
4,900
SQFT
$765
$/SQFT
1912
Built
Neighborhood:
Brooklyn
County:
Kings (Brooklyn)
Area:
Sunset Park
Property Description
Three commercial units for sale right on 8th Avenue in Sunset Park. Existing Karaoke bar had been there for ten years, triple new lease, the tenant is paying $13,000 monthly, the cellar features kitchen boiler and storage. Main floor and the second floor features ten VIP room with private restroom. The top floor commercial unit has been occupying by the same tenant and being used as a storage. See C of O #302147647F. Building siize of main floor and the second floor are 20x95. 4% cap. Seller wants to hear reasonable offers.
Exterior Features

Building Length 95.00 Building Width 20.00 Commercial Features Exterior None Construction Materials Brick Exterior Brick Loading Docks None Lot Size Length 95 Lot Size Width 20 Parking Feature None Road Frontage 20 Roof Flat

Interior Features

Basement Amenities FinishedFull Building Footprint Sq Ft 1900 Ceiling Height 8-10 Foot Commercial Features Interior Restrooms - Staff Equipment Included KitchenCentral AcsBarTen A Half Private Restrooms. Flooring None Foundation Details Poured Concrete Heat Delivery None Lavatories None Walls Masonry

Property Features

ACUnits 0 Block 923 Certificate Of Occupancy YN 1 Commercial Condo 0 Construction Type Attached Cross Street Name 41th St Cross Street Name2 42nd St Current Use Sport & Entertainment Electric 200 AmpCircuit Breakers Financing 1031 ExchangeBank MortgageCash Gross Income 156000 Heating Fuel None Insurance Expense 4500.00 Lot Number 3 Lot Size Irregular YN 0 Net Operating Income 151500.00 Number Of Stores 3 Potential Use Sport & Entertainment Property Sub Type Commercial Property Type Commercial Sale Type Arm's Length Tax Amount 31265.00 Transaction Type Sale Utilities All Zoning R6

Listing information © 2022 Brooklyn New York Multiple Listing Service, Inc.
Listing provided courtesy of Exit Realty Professionals: (718) 838-2600.


© 2022 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Citi Star Realty. Data last updated: 2022-10-05T07:00:37.59.
 
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Brooklyn NY, 11235