120 Avenue T, Brooklyn

$2,000,000

0 Beds
0 Baths
3,200 Sqft
0 Acres
0 Garages

Great investment opportunity. Semi-detached brick mixed use corner property with 2 stores: office space and grocery store on the 1st floor, and 2 two bedroom apartments on the second floor. One of the apartments has a large terrace. Building is completely totally renovated, modern tenants apartments with new SS appliances, new floors, new ceilings, new walls, new windows, just painted, etc. Sores are redone with new walls, floors, etc. High rents, modern kitchens and bathrooms, great convenient location, close to trains & buses, close to shopping, parks and schools. Great investment opportunity for investor that looking to have approximately income $9,000 plus a month.

First floor

1) Grocery store: $2,200 per month, 3% per year increase, about 4 years left.
2) Office with basement: $2,800 per month for 5 years with a 3% increase per year.

Second floor:

1) Two bedroom apartment is $2,000 per month, 3% increase. About 18 months left on lease.
It's newly renovated. Brand new Electrical, plumbing, ceiling, kitchen, bathroom, floors, walls and insulation around the outside walls from the inside.

2) Two bedroom with huge terrace $2290 per month.

Owner is ready to give private mortgage.

Essential Information
MLS® #431475
Price$2,000,000
Bathrooms0.00
Square Footage3,200
Year Built1931
TypeMixed Use / Store & Family
Sub-TypeMixed Use
StatusActive
Community Information
Address120 Avenue T
AreaGravesend
CityBrooklyn
CountyKings (Brooklyn)
StateNew York
Zip Code11223
Interior
InteriorHardwood
HeatingHot Water
Has BasementYes
BasementFull, Semi-Finished
# of Stories2
Interior Features

Kitchen, Restrooms - Public, Restrooms - Staff

Exterior
ExteriorBrick
Exterior FeaturesDoors - 10 ft and under
RoofFlat, Rubber
ConstructionBrick
FoundationPoured Concrete
Additional Information
Date ListedJuly 8th, 2019
Days on Market34
ZoningR5B
LISTING MAP

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Listing courtesy of Superior Realty Service

© 2019 Brooklyn New York MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Casandra Properties Inc. Data last updated: August 19th, 2019 at 3:30pm EDT

Listing courtesy of Superior Realty Service

© 2019 Brooklyn New York MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Casandra Properties Inc. Data last updated: August 19th, 2019 at 3:30pm EDT

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