Description

Calling All Investors, Developers & End-Users!!! 7, 200 Sqft. Warehouse With R5 Zoning Situated On A 10, 250+ Sqft. Corner Lot For Sale!!! The Building Features Excellent Signage, Great Exposure, Strong R5 Zoning, High 16’ Ceilings, 23 Parking Spaces, Private Gated Parking Lot, 3 Phase Power, Sprinklers, Accessible Parking & Bathrooms, 3 Drive-In Doors, Security System, All New LED Lighting, CAC, +++!!! The Building Has A Public Assembly Permit & Is Currently Home To A House Of Worship!!! Neighbors Include Starbucks, Ford, Volkswagen, Mitsubishi, Chase Bank, U-Haul, Public Storage, Target, Staples, Optimum, AutoZone, CVS, 7-Eleven, Dunkin’, Pathmark, Key Food, PetSmart, Amoco, BP, Planet Fitness, Enterprise Rent-a-Car, Taco Bell, McDonald’s, Subway, Wendy’s, Dollar Tree, IHOP, KFC, +++!!! The Property Is Located In The Heart Of Brooklyn Between Kings Hwy. & Flatlands Ave. Minutes From Canarsie Park!!! The Entire Property Can Be Delivered Vacant If Need Be. This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site / Or Home For Your Business!!! Income: Warehouse(7, 200 Sqft.): $320, 000 Ann. NNN. (Available) Pro Forma Gross Income: $320, 000 Ann. Expenses: Gas: $0 Electric: $0 Insurance: $3, 283 Ann. Maintenance/ Repairs: $0 Ann. Taxes: $45, 301 Ann. Water: $0 Ann. Total Expenses: $48, 584 Ann. Gross Income: $320, 000 Ann. Net Operating Income (NOI): $271, 416 Ann. (Pro Forma 9.4 Cap!!!)