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7702 13th Avenue

BROOKLYN, NY 11228
  • $3,600,000
  • STATUS: Active
  • ON SITE: 64 Days
  • MLS #: 465631
Price Reduced
UPDATED: 47 min ago
$3,600,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,200
    SQFT
  • $1,125
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1931

School Ratings & Info

Description

Investors, great news! Building for sale as a package with 7706 13th Avenue. Excellent investment opportunity in prime Dyker Heights location. Corner brick building was updated with a lot of amenities.7702 13th Avenue building has four parking spots in rear which are rented separately from tenant. Chase Bank has a lease 13 years with 3 years left & 5 + 5 years Options. Every 5 years increment of rent 10%. Yearly rent is $221,400 plus tenant paying 90% of building tax. Yearly gross income of this building is $275,331.. Both building has HVAC system. Landlord responsible for roof, wall, & building insurance, water & Gas which is approximately $15,000 yearly for both buildings and total tax for both buildings is $71,319. Two parking spots produce yearly income $6,000. Gross Income for both buildings approximately $405,331.00. Dont miss an opportunity. Call listing agent for more details.

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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: 2022-10-05T08:00:21.477.
www.citistarrealtyinc.com/homes/131485538
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7702 13th Avenue BROOKLYN, NY 11228

  • Price: $3,600,000
  • Status: Active
  • On Site: 64 Days
  • Updated: 47 min ago
  • MLS #: 465631
0
Beds
0
Baths
0
½ Baths
0.09
Acres
3,200
SQFT
$1,125
$/SQFT
1931
Built
Neighborhood:
Brooklyn
County:
Kings (Brooklyn)
Area:
Dyker Heights
Property Description
Investors, great news! Building for sale as a package with 7706 13th Avenue. Excellent investment opportunity in prime Dyker Heights location. Corner brick building was updated with a lot of amenities.7702 13th Avenue building has four parking spots in rear which are rented separately from tenant. Chase Bank has a lease 13 years with 3 years left & 5 + 5 years Options. Every 5 years increment of rent 10%. Yearly rent is $221,400 plus tenant paying 90% of building tax. Yearly gross income of this building is $275,331.. Both building has HVAC system. Landlord responsible for roof, wall, & building insurance, water & Gas which is approximately $15,000 yearly for both buildings and total tax for both buildings is $71,319. Two parking spots produce yearly income $6,000. Gross Income for both buildings approximately $405,331.00. Dont miss an opportunity. Call listing agent for more details.
Exterior Features

Building Length 100.00 Building Width 40.00 Commercial Features Exterior None Construction Materials Brick Loading Docks None Lot Size Length 100 Lot Size Width 40 Parking Attributes 4 Spaces Parking Feature Street Roof Flat Water Front Present No

Interior Features

Basement Amenities None Building Footprint Sq Ft 4000 Ceiling Height 11-15 Foot Commercial Features Interior Lobby €€Œ Controlled EntryRestrooms - StaffSecurity Alarm Equipment Included None Flooring Tile Foundation Details Poured Concrete Heat Delivery Steam/Radiator Lavatories 2 Walls Sheet RockOther

Property Features

ACUnits 2 Block 6243 Commercial Condo 0 Construction Type Attached Cross Street Name 77th Street Cross Street Name2 78 Street Current Use Office Financing 1031 ExchangeBank MortgageCash Heating Fuel Gas Lot Number 38 Lot Size Irregular YN 0 Number Of Stores 1 Potential Use Other Property Sub Type Commercial Property Type Commercial Sale Type Arm's Length Tax Amount 47931.00 Transaction Type Sale Zoning R5b

Listing information © 2022 Brooklyn New York Multiple Listing Service, Inc.
Listing provided courtesy of Exit Realty Top Properties: (718) 256-4000.


© 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: 2022-10-05T08:00:21.477.
 
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Citi Star Realty
1801-03 Avenue X
Brooklyn NY, 11235