7702 13th Avenue, Brooklyn, NY 11228
sale
$3,550,000
|
Commercial
Courtesy Of Exit Realty Top Properties
Investors, great opportunity Buildings for sale as a package with 7702-7706 13th Avenue. Both buildings have a triple net lease and approx 5.5% cap rate. 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.
Don t miss this opportunity.
***Owner Financing Available*** Call listing agent for more details.
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.
Don t miss this opportunity.
***Owner Financing Available*** Call listing agent for more details.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Floor Covering: Tile
- Floors: 1.0
- Heating Fuel: Natural Gas
- Heating System: Steam
- Heating System: Radiator
- MLSID: 465631
- Roof Type: Unknown
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