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718-875-8899

1193 Rogers Avenue, Brooklyn, NY 11226


Description: 7087499
   Brooklyn Rogers Avenue & Avenue D PRIME Investment well maintained 3 Story Corner SOLID BRICK Semi Attached FULLY VACANT legal 10 Family & 2 store - ALL FREE MARKET RATE - NO STABILIZED & VACANT! Full basement! Featuring Vacant SEVEN 1 bedroom and THREE 2 bedrooms with living room & EIK! 2 Vacant Store approx. 1,300 sq ft each! New gas boiler! Building size 26.83 ft x 102.5 ft built on footprint. Qualified for Opportunity Zone! Projected Conservatively Projected monthly rent One bed- $ 2,000 a month Two bed $ 2,300 & Each Store $ 3,000 - High traffic & exposure warp around signage & Projected Gross annual income $ 322,800.00 Projected Gross Annual Expense $ 29,325.00 NET Projected Annual income $ 29,3475 = 8% Projected CAP Rate R6 Zoning. Great upside potential for long term or savvy investor- or developers to convert to Full market Condominium (Condo selling for $ 845.00 per sq ft today) or rent out for Affordable Housing! Don't MISS out!! Co lister Venus Siu Yee Shum - Another BRP Exclusive! Sold As Is - Great Location- a few steps away from Train, Shopping, Restaurant, bus stop in front and more! High traffic and foot traffic!

Details:
   Families: 10
   Bedrooms: 12
   Bathrooms: 10F/2H
   Property Type: Other
   Square Feet: 8250
   Rooms: 13
   Lot Size: 26.83 ft x 102.5
   Built: 1910

Financials:
   Price: $4,300,000
   Taxes: $54,683

Jean-Paul Ho

Brooklyn Real Property, Inc.
Jean-Paul Ho
Owner
Direct: 1-718-875-8899
Office: 718-875-8899

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Brooklyn Real Property, Inc.
Venus Shum
President
Office: 718-875-8899

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