1156 Liberty Avenue, Brooklyn, NY

$1,850,000

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4,780

Square feet

0.04

Acres

About 1156 Liberty Avenue

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, Security System,, Low Property Taxes, 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. 1st Floor (Jewelry Store 600 Sqft.): $33,000 Ann. Pro Forma Gross Income: $177,000 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 Net Operating Income (NOI): $151,881 Ann.

Features of 1156 Liberty Avenue

MLS® # 811323
Price $1,850,000
Bathrooms 0.00
Square Footage 4,780
Acres 0.04
Year Built 1920
Type Commercial
Sub-Type Mixed Use
Status Active

Community Information

Address 1156 Liberty Avenue
City Brooklyn
County Kings (Brooklyn)
State NY
Zip Code 11208

Additional Information

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Amenities

Utilities Natural Gas Connected
Parking Spaces 6
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Cooling Central Air
Fireplace No
# of Stories 3

Exterior

Construction Brick, Frame

Additional Information

Zoning R4,R5
Short Sale No
RE / Bank Owned No
Taxes (total) $22,626

Listing Details

OfficeAll Island Estates Realty Corp
Office Contact516-783-5600

Listing Map

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