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Large Single Story Commercial Building In Great Location

Large Single Story Commercial Building In Great Location
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Posted By:
George L Rosario
Posting ID:
Middle Village
 commercial   investment   property   real   estate   new   york   city   queens   rental   roi 
Listing Type:Commercial For Sale
Lot Size:10452
64 - 69 / 75 / 77 Dry Harbor Road
Middle Village, NY 11379

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Property Description:

The subject property is an approx. 10,452 SF, single story retail building situated on three lots, located on the northeast corner of Dry Harbor Road and Furmanville Avenue in Middle Village, NY. The property consist of 5 retail units totaling 7,820 SF of which 1 unit (3,000 SF) is currently available, plus cellar space totaling 2,700 SF, which is occupied. This property is an excellent opportunity for an owner user or investor.

Building Type: Commercial Buildings
Block: 3017
Lots: 20
Lot Sq Ft: 8,072 SF
Building Sq Ft: 10,452 SF
Zoning: R4B / C1-2

Gross Annual Income: $200,448
Total Expenses: $60,006
Net Operating Income: $140,442

Breakdown of Expenses:
R.E. Taxes (12/13): $49,866
Insurance: $7,000
Utilities: Paid by Tenants
Repairs: $2,500
Management (4%): $8,018

Bring all offers!

Tags: New York City Real Estate, Brooklyn, NY, Agent, Broker, Sale, Property for Sale, Real Estate for Sale, #investment, #George L. Rosario,


George L. Rosario
Licensed Real Estate Professional
North Brooklyn Representative
Coldwell Banker, Kueber Realty
67-13 Myrtle Avenue,
Glendale, NY 11385
718-628-0100 OFFICE
917-945-4211 Call or Text

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