Incredible investment opportunity featuring recently renovated apartments, a store, and reliable, high-paying tenants.
The property also boasts a new roof in excellent condition. - Lot dimensions are 20 feet by 97.5 feet - Building dimensions are 20 feet by 55 feet - Each floor has 1100 square feet of space, with a full basement for a total of 3300 square feet - Property taxes amount to $6,403.52 - Insurance costs $3,469.00 - Water bill is $900.00, with 25% paid by the store - Annual oil heat expenses are approximately $4000 - Store rent is $2,513.27 and lease expires on December 31st, 2025, with a 5-year option - Front apartment with 2 bedrooms rents for $1,500.00 and lease expires on December 31st, 2025 - Rear studio apartment rents for $950.00 with no lease.
4820 Avenue N is located in Old Mill Basin, Brooklyn. It is a residential area with a mix of businesses and houses, offering a glimpse into the daily life of New Yorkers in this vibrant borough.
Incredible investment opportunity featuring recently renovated apartments, a store, and reliable, high-paying tenants.
The property also boasts a new roof in excellent condition. - Lot dimensions are 20 feet by 97.5 feet - Building dimensions are 20 feet by 55 feet - Each floor has 1100 square feet of space, with a full basement for a total of 3300 square feet - Property taxes amount to $6,403.52 - Insurance costs $3,469.00 - Water bill is $900.00, with 25% paid by the store - Annual oil heat expenses are approximately $4000 - Store rent is $2,513.27 and lease expires on December 31st, 2025, with a 5-year option - Front apartment with 2 bedrooms rents for $1,500.00 and lease expires on December 31st, 2025 - Rear studio apartment rents for $950.00 with no lease.
4820 Avenue N is located in Old Mill Basin, Brooklyn. It is a residential area with a mix of businesses and houses, offering a glimpse into the daily life of New Yorkers in this vibrant borough.
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