355 New Lots, Brooklyn

$2,036,000

0 Beds
0 Baths
4,055 Sqft
0 Acres
0 Garages

We are pleased to offer 355 New Lots Avenue, located in the East New York section of Brooklyn for sale. This 5 unit, 4,283 square foot, mixed-use property also features a laundromat business on the lower level. The 1st floor includes an owner-occupied laundromat with 2,028 square feet of retail space while the 2nd and 3rd floors feature 4-one bedroom apartments with a combined 2,255 square feet of residential space. Financial projections: $423,240 in gross revenue, $285,406 in expenses, a net income of $137,834 and a 6.77% cap rate.

Essential Information
MLS® #431668
Price$2,036,000
Bathrooms0.00
Square Footage4,055
Year Built1930
TypeMixed Use / Store & Family
Sub-TypeMixed Use
StatusActive
Community Information
Address355 New Lots
AreaEast New York
CityBrooklyn
CountyKings (Brooklyn)
StateNew York
Zip Code11207
Interior
InteriorHardwood, Tile
Interior FeaturesLiving Space Available
HeatingHot Air
Has BasementYes
BasementFull, Semi-Finished
# of Stories3
Exterior
ExteriorBrick
Exterior FeaturesOther
Lot Description20.5 x 92.33
RoofRubber
ConstructionBrick
FoundationPoured Concrete
Additional Information
Date ListedJuly 15th, 2019
Days on Market36
ZoningR6/ C1-3
LISTING MAP

Get directions to this property:

Listing courtesy of Coldwell Banker Reliable R.E.

© 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: October 21st, 2019 at 11:45am EDT

Listing courtesy of Coldwell Banker Reliable R.E.

© 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: October 21st, 2019 at 11:45am EDT

Sign up for email updates