5
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$1,675,000
Est. payment /mo
1,680 SqFt
Price Dropped by $124K
1807 Kings HWY Brooklyn, NY 11229
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Key Details
Property Type Other Rentals
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 1,680 sqft
Price per Sqft $997
MLS Listing ID 494939
Year Built 1925
Annual Tax Amount $16,902
Property Sub-Type Mixed Use
Property Description
Commercial building. Two commercial stores on 2 floors.
Property for sale in a prime area of Midwood. Most desirable commercial heavy traffic area.
Two tenants: 2nf floor tenant pays $2,390mth & 1st floor tenant pays $5,464mth. Monthly total income: $7,854mth.
Yearly income: $94,248. $16,902 yr taxes. The tenant have 3% rent increase every year. First floor tenant has 4 years lease left. The 2nd floor tenant has 2 years left on the lease.
Property for sale in a prime area of Midwood. Most desirable commercial heavy traffic area.
Two tenants: 2nf floor tenant pays $2,390mth & 1st floor tenant pays $5,464mth. Monthly total income: $7,854mth.
Yearly income: $94,248. $16,902 yr taxes. The tenant have 3% rent increase every year. First floor tenant has 4 years lease left. The 2nd floor tenant has 2 years left on the lease.
Location
State NY
County Kings (brooklyn)
Area Midwood
Zoning R7A
Rooms
Basement Semi-Finished, Sub-cellar
Interior
Interior Features Kitchen
Hot Water Gas
Heating Gas
Flooring Hardwood
Heat Source Gas
Exterior
Exterior Feature Brick
Roof Type Flat
Handicap Access No
Building
Story 2
Foundation Poured Concrete
Others
Energy Description Gas
Financing Bank Mortgage,Cash
Listed by Superior Realty Service
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