1267 Flatbush Avenue, Brooklyn, New York 11226

$1,999,000
900
SqFt
List Price
$1,999,000
Price Change
▼ $101,000 1619467777
Status
ACTIVE
MLS#
448720
Sq. Ft
900

Property Description

A prime block 1,664 SF triangle lot housing a gas station and convenience store. The gas station tenant is on a True Triple-Net Lease (NNN) with the landlord having zero financial responsibility. The current rent is $8,359 per month with a 2% annual escalation. Lease ends in 2034 with no extensions after that. Lease also includes a personal guarantee. Highly active site and is the only gas station on Flatbush Avenue for several blocks. Contact agent for additional information.

Additional Information

Lot Size
1,664
Parking Description
Other
Heat Source
Other
Zoning
R7A
Sale Type
Arm's Length
Bank Financing
Bank Mortgage, Cash
Building Type
Detached
Basement
Other
Lot Dimensions
46 x 86
Estimated Yearly Tax Amount
$18,517

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Century 21 MK Realty.