$3,150,0007706 13th AvenueBrooklyn, New York, 11228
LISTED BY
Exit Realty Top Properties
Primary Features
- Lot Size Square Feet: 4000 sqft.
- Property Type: Commercial Sale
- Property Sub Type: Retail
- Year Built: 1931
Other Features
- Flooring: Tile
- Foundation Details: Block
- Heating: Gas
- Parking Features: None
- Roof: Flat
- Utilities: Electric, Gas, Heat, Phone, Sewer, Water
- Electric: 220 V
Location
- Street Address: 7706 13th Avenue
- City: Brooklyn
- State: New York
- County: Kings (Brooklyn)
- Postal Code: 11228
- Zoning: R5B
Pricing & Sale Info
- List Price: $3,150,000
- Tax Annual Amount: $23,388
- MLS#: 465632
- Last Change Timestamp: May 28, 2023
- Source MLS: Brooklyn New York MLS
About This Property
Investors, great opportunity! Two buildings for sale as a package, 7702-7706 13th Avenue with triple net lease with approx. 5% cap rate . Excellent investment opportunity in prime Dyker Heights location.
7706 13th Avenue building has 9 years lease left with a 2% increment of every year, $9,000 monthly rent plus 100% tax. Two parking spots included in the rent. Both buildings generating approximately $401,925 yearly gross income. The building has high ceilings, well maintained and fully renovated. 40*100 lot. Yearly gross income of this property $131,388. Both building has HVAC system. Landlord responsible for roof, wall, & building insurance, water & Gas which is approximately $15,000 yearly for both buildings.
Don’t miss this opportunity. Call listing agent for more details.