1565 Broadway Street, Brooklyn, New York 11207

$2,999,999
5,875
SqFt
List Price
$2,999,999
Price Change
▼ $499,001 1695343617
Status
PENDING
MLS#
476787
Sq. Ft
5,875
Year Built
1925

Property Description

Great investment opportunity! 3-Story commercial building for sale in Bushwick. The first floor is 2,375SF and is currently leased until 2030, with tenants paying $7,931. The second and third floors, both currently vacant are 1,750 SF each. There is also a 2,250 SF basement. Taxes are $32,000 minus a $4,000 yearly rebate. Owner currently pays $1,100 per year for water/sewer and $2,000 per year for heat. First floor tenant pays an additional $2,000 per year for heat. Zoning is R6 and C1-3. Can be turned into residential. Located on a very busy Broadway block and just 1 block form the J train at the Halsey Street station and close to the B7, B26, and Q24 buses. Surrounded by many restaurants, shopping, and houses of worship.

Additional Information

Lot Size
2,375
Stories
3
Parking Description
None
Heat Source
Gas
Year Built
1925
Zoning
R6
Sale Type
Arm's Length
Bank Financing
1031 Exchange, Cash
Building Type
Attached
Year Built
1925
Basement
Unfinished
Lot Dimensions
95 x 25
Building Dimensions
70.00 x 25.00
Estimated Yearly Tax Amount
$32,000

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Century 21 MK Realty.