$1,075,000
Calculate Payment
600 E 22nd St Brooklyn, NY 11226
Mixed Use
Residence
Beds
Baths
...
Bed/Bath
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Calling All Investors, Developers & End-Users!!! 100% Occupied 9.97 Cap 5 Unit Apartment Building In Brooklyn For Sale!!! The Building Features Great Exposure, Excellent Signage, Strong R7A Zoning, Private Driveway, Large Gated Yard, 6 Parking Spaces, High 10' Ceilings, All New LED Lighting, A/C, +...++!!! The Property Is Located In The Heart Of Brooklyn Just A Few Minutes From Rt. 27 Near Prospect Park Lake & The Brooklyn Museum!!! Neighbors Include UPS, FedEx, CubeSmart Self Storage, Target, ShopRite, AutoZone, Bank Of America, Optimum, Blink Fitness, Planet Fitness, Key Food, Dunkin', Walgreens, McDonald's, BP Gas, Taco Bell, Duane Reade, Dollar Tree, Five Below, Subway, National Wholesale Liquidators, Aldi, IHOP, Wendy's, KFC, +++!!! This Property Has HUGE Upside Potential!!! This Could Be Your Next Development Site Or A Nice Addition To Your Investment Portfolio!!! Income: Apt. 1A (Studio, 1 Bath): $24,252.60 Ann.; Lease Exp.: 5/31/24. Apt. 1B (1 Br. 1 Bath): $14,217.72 Ann.; Lease Exp.: 5/31/25. Apt. 2A (3 Br. 1 Bath): $19,004.88 Ann.; Lease Exp.: 6/30/24. Apt. 3A (3 Br. 1 Bath): $21,391.20 Ann.; Lease Exp.: 11/30/23. Apt. 4A (3 Br. 1 Bath): $18,033.36 Ann.; Lease Exp.: 9/30/25. Private Gated Parking Lot: $36,000 Ann. Gross Income: $142,899.76 Ann. Expenses: Heat: $1,510 Ann. Electric (Common Areas Only): $721 Ann. Maintenance & Repairs: $937 Ann. Water & Sewer: $4,203.58 Ann. Insurance: $5,270.66 Ann. Taxes: $13,032 Ann. Total Expenses: $25,674.24 Ann. Net Operating Income (NOI): $107,225.52 Ann. (9.97 Cap!!!)
Continue reading
MLS#
3505396
Property Type
Mixed Use
Year Built
1931
Lot Size
0.07
Receive an email as soon as the price changes
Receive an email
as soon as the price changesGet Price Alerts
Don't miss your chance. Receive an email as soon as the price changes.
Enter your work address to view actual drive times with traffic for this property.
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
How much home can I afford?
Kickstart your home search journey with our online Pre-Approval.
Nearby Homes For Sale
Just Listed
And
Homes Available
In
See How Much You Could Save
Thinking about buying or selling? Talk to one of our Mortgage Professionals today to see how much you could save on your next home. Call us at 833-981-2030.