1156 Liberty Ave - Office FOR SALE


Brooklyn, NY 11208- Cypress Hills
$1,850,000 USD
516-279-8828
1156 Liberty Ave, Brooklyn, NY for Sale
$1,850,000 USD
Office - FOR SALE
1/19
null | 6.43% Cap Rate

1156 Liberty Ave
Brooklyn, NY 11208
Cypress Hills


HIGHLIGHTS

  • Calling All Investors, Developers, & End-Users!!! 3 Unit 4,780 Sqft. Mixed-Use Building On Liberty Avenue In Brooklyn For Sale!!!
  • The Property Features Excellent Signage, Great Exposure,, Strong R5/C1-2 Zoning, High 11’ Ceilings, 6 Parking Spaces, 200 Amp Power, CAC, +++!!!
  • The Property Is Located In The Heart Of Cypress Hills 2 Blocks From N Conduit Ave. & Minutes From Forest Park Golf Course!!!
  • Neighbors Include Stop & Shop, Key Food, Dunkin’, LA Fitness, Mobil, Wendy’s, Subway, Checker’s, Burger King, Dollar Tree, White Castle, IHOP, +++!!!
  • The Property Has 17’ Of Frontage On Busy Liberty Avenue!!!
  • This Property Offers HUGE Upside Potential!!!

OVERVIEW

Calling All Investors, Developers, & End-Users!!! 3 Unit 4,780 Sqft. Mixed-Use Building On Liberty Avenue In Brooklyn For Sale!!! The Property Features Excellent Signage, Great Exposure,, Strong R5/C1-2 Zoning, High 11’ Ceilings, 6 Parking Spaces, Separate Meters, 200 Amp Power, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Cypress Hills 2 Blocks From N Conduit Ave. & Minutes From Forest Park Golf Course!!! Neighbors Include Stop & Shop, Key Food, Dunkin’, LA Fitness, Mobil, Wendy’s, Subway, Checker’s, Burger King, Dollar Tree, White Castle, IHOP, +++!!! The Property Has 17’ Of Frontage On Busy Liberty Avenue!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site / The Next Home For Your Business!!! Income: 3rd Floor (Computer/Shipping Company): $36,000 Ann.; Lease Exp.: 2028. 2nd Floor (Hair Salon): $36,000 Ann.; Lease Exp.: 2029. 1st Floor (Clothing Store): $72,000 Ann. Will Be Delivered Vacant. Pro Forma Gross Income: $144,000 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Maintenance & Repairs: $250 Ann. Water & Sewer: $420 Ann. Insurance: $1,823 Ann. Taxes: $22,626 Ann. Total Expenses: $25,119 Ann Pro Forma Net Operating Income (NOI): $118,881 Ann. (6.43% Cap!!!)

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$1,028 USD /SF

CAP RATE

6.43%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Showroom

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,786 SF

ZONING

R5/C1-2

APN/PARCEL ID

04203-0120

ASK ABOUT THIS PROPERTY

Matthew ShaneAll Island CommercialMore Info
516-279-8828

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Matthew ShaneAll Island CommercialMore Info
516-279-8828

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.