Brooklyn, NY 11208 1156 Liberty Avenue
$1,850,000



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Home Details
Calling All Investors, Developers, & End-Users!!! 3 Unit 4,780 Sqft. Mixed-Use Building On Liberty Avenue In Brooklyn For Sale!!! The Property Features Excellent Signage, Great Exposure,, Strong R5/C1-2 Zoning, High 11’ Ceilings, 6 Parking Spaces, Separate Meters, 200 Amp Power, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Cypress Hills 2 Blocks From N Conduit Ave. & Minutes From Forest Park Golf Course!!! Neighbors Include Stop & Shop, Key Food, Dunkin’, LA Fitness, Mobil, Wendy’s, Subway, Checker’s, Burger King, Dollar Tree, White Castle, IHOP, +++!!! The Property Has 17’ Of Frontage On Busy Liberty Avenue!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site / The Next Home For Your Business!!!Income:3rd Floor (Computer/Shipping Company): $36,000 Ann.; Lease Exp.: 2028.2nd Floor (Hair Salon): $36,000 Ann.; Lease Exp.: 2029.1st Floor (Clothing Store): $72,000 Ann. Will Be Delivered Vacant.Pro Forma Gross Income: $144,000 Ann.Expenses:Gas: $0 Ann.Electric: $0 Ann.Maintenance & Repairs: $250 Ann.Water & Sewer: $420 Ann.Insurance: $1,823 Ann.Taxes: $22,626 Ann.Total Expenses: $25,119 AnnNet Operating Income (NOI): $118,881 Ann.
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Gregory Berkowitz
Licensed Real Estate Salesperson