9623 Avenue M, Brooklyn, NY 11236
sale
$1,500,000
|
Other
Courtesy Of Brooklyn Real Property, Inc.
Prime Canarsie - Rockaway Parkway & Avenue M Detached Brick Mixed-Use Building Legal 3-Family + Storefront Delivered Vacant Exceptional investment opportunity in a high-visibility Rockaway Parkway location! This detached brick mixed-use property offers a legal 3-family plus a commercial storefront, Front 2nd floor residential 1.5 bed plus LR & EIK, full bath delivered vacant, all other residential unit has no leases-perfect for owners, users, or investors seeking strong returns. Storefront / Commercial Space Corner exposure with huge signage potential on Rockaway Parkway Approx. 20 ft front exposure with enclosed front yard Private bath. Storefront Currently a hair salon High ceilings, separate entrance & separate water meter. Residential Units Two apartments, each 1-bedroom (can be used as 2-bedrooms) with private entrances Rear first-floor apartment: true 2-bedroom with large enclosed private backyard All units free market rents! Basement Fully Two separate entrances Full bathroom Perfect for storage or additional accessory space Property Details Lot: 30.5 100 Building: 20 51 Unused FAR: 1,006 sq ft for potential expansion Real Estate Taxes: only $7,544/year New boiler and multiple upgrades Excellent high CAP rate with upside & add on potential! Additional Purchase Opportunity Can also be purchased together with 9617 Avenue M Lot: 25.75 100 (2,400 sq ft) Combined lot size: 5,450 sq ft (3,050 + 2,400) Location Highlights In front of Express Bus to Manhattan & Downtown Brooklyn Across from shopping center & restaurants Near Rockaway Pier, Belt Parkway, parks & recreation Strong neighborhood foot traffic. New roof, boiler, siding very well maintained! Owner very motivated!!
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Property Features
- Exterior Type: Brick
- Floor Covering: Linoleum
- Floor Covering: Tile
- Floor Covering: Carpet
- Floor Covering: Hardwood
- Heating System: Steam
- Heating System: Natural Gas
- MLSID: 11927886
- Roof Type: Rubber
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