283 Wyckoff Avenue, Brooklyn, NY 11237

Property Description

alling All Investors, Developers, & End-Users!!! 7.59 Cap 7 Unit Free Market Corner Mixed-Use Building In Bushwick For Sale!!! The Property Features Excellent Signage, Great Exposure, R6/C1-3 Zoning, High 9’ Ceilings, (4) 2 Br. Apartments, Skylight, Restaurant, Basement, 2 Garages, Private Driveway, 6 Parking Spaces, Rear Yard, 200 Amp Power, Strategically Placed Curb Cut, All New LED Lighting, +++!!! The Property Is Located In The Heart Of Brooklyn 1 Block Off Myrtle Ave. Midway Between I-278 & The Jackie Robinson Pkwy.!!! The Property Has 25’ Of Frontage On Busy Wyckoff Ave. + 87’ On Grove St.!!! Neighbors Include Starbucks, Northwell Health, Capital One Bank, FedEx, CVS, AutoZone, Burlington, Walgreens, Duane Reade, Dollar Tree, Foot Locker, Chipotle, McDonald’s, QDOBA Mexican Eats, White Castle, KFC, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Restaurant (1,400 Sqft. + 1,400 Sqft. LL): $90,000 Ann. (Available) Apt. 2R (2 Br., 1 Bath): $27,600 Ann. M-M. Apt. 2L (2 Br., 1 Bath): $27,600 Ann. M-M. Apt. 3R (2 Br., 1 Bath): $25,200 Ann. M-M. Apt. 3L (2 Br., 2 Bath): $27,600 Ann. M-M. Garage 1: $2,400 Ann. M-M. Garage 2: $9,600 Ann. (Available) Pro Forma Gross Income: $210,000 Ann. Expenses: Gas: $3,600 Ann. (Common Areas Only) Electric: $890 Ann. (Common Areas Only) Water & Sewer: $3,268 Ann Insurance: $7,683 Ann. Taxes: $13,190.56 Ann. Total Expenses: $28,631.56 Ann.