Subscribe to Intelligence
View property history data!
Access historical property and tax details including tax amounts, land value, and more to inform your next opportunity.
Easy Deal! Low-cost investment opportunity
Low cost investment Value Add opportunity!
Listing Contacts
License: NY 10301216626
Active
Asking Price: $599,999
Address
85 Dumont Ave, Brooklyn, NY 11212
Show on MapDate Added
Jun 6, 2023
Days on Market
711 days
Time Since Last Update
69 days
Details
Property TypeMixed Use
SubtypeInvestment
Investment TypeValue Add
ClassC
Square Footage1,344
Net Rentable (sq ft)1,344
Price/Sq Ft$446.43
Cap Rate5.42%
Pro-Forma Cap Rate10.22%
Occupancy100%
NOI$32,504
Pro-Forma NOI$61,304
Units2
Year Built1960
Year Renovated2015
Buildings1
Stories2
OwnershipFee simple
INTELLIGENCEMarketing Description
Amazing VALUE ADD opportunity in East NY.
Tri State Commercial Realty has been retained to arrange the sale of 85 Dumont Ave in Brooklyn NY along the neighborhood of East Flatbush. There’s a total of 1 residential unit and 1 store. It's selling at a 10% CAP proforma! Building is kept in good condition, and extensive renovations were made to make the buildings façade very attractive.
The building will be delivered turn-key, and making money from day one.
Please let me know if you would like to discuss this opportunity further.
My Cell is: 917-902-8920
Feel free to call or text. I will not be able to respond to your questions via CREXI. If you have a questions, PLEASE text me or email me via the email address listed below.
Regards,
Jacob Twena
jacob.t@tristatecr.com
TSC NY
Investment Highlights
-
turn key investment
-
Easy to finance
-
long term tenants
-
management available immediately for easy transition
-
Buildings renovated inside and out
Valuation Calculator
Valuation Calculator
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$32,504.00
$2,708.67/mo
Valuation Metrics
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
0
DSCR
5.42%
Cap Rate
5.42%
ROI
Property History
| Date | Event | Document | Price | Price/SF | Sold By | Sold To | ||
|---|---|---|---|---|---|---|---|---|
 | | | | | ||||
| | | | | ||||
| | | | | ||||
| | | | | ||||
| | | | | ||||
Due Diligence
Listing Contacts
- License: NY 10301216626
Similar Properties for Sale
Unpriced
3-Unit Brick Mixed-Use Building
Mixed-Use Property
92 Livonia Ave Brooklyn, NY 11212
Jerry Fink Real Estate
Opportunity Zone
$1,508,000
3-STORY FREE MARKET MIXED USE, 8% CAP
BROOKLYN, 4 FREE MARKET APARTMENTS + 1 COMMERCIAL, $265/SF
1508 Pitkin Ave Brooklyn, NY 11212
Opportunity Zone
$2,900,000
1512 Pitkin Avenue
Multifamily • 7.10% CAP • 9 Units
1512 Pitkin Ave Brooklyn, NY 11212
$790,000
431 E 98th St Brooklyn
Retail • 7.13% CAP • 1,840 SF
431 E 98th St Brooklyn, NY 11212
$1,200,000
159 East 95th St.
Mixed Use • 3,250 SF
159 East 95th St. Brooklyn, NY 11212
FLATEAU REALTY CORP
Opportunity Zone
$1,495,554
Rutland 5+1 S-S
Prime Corner Property Investment Opportunity in East Flatbush
986 Rutland Rd Brooklyn, NY 11212
ZUZ REALTY
Opportunity Zone
$1,200,000
435 Rockaway Ave
Mixed Use • 10,698 SF
435 Rockaway Ave Brooklyn, NY 11212
Opportunity Zone
$1,424,000
574 Ralph Ave
Mixed Use • 0 SF
574 Ralph Ave Brooklyn, NY 11233
Unpriced
402 Rockaway Ave
10,000sf land in Brooklyn
402 Rockaway Ave Brooklyn, NY 11212
Opportunity Zone
Unpriced
117 Osborn and 130 Watkins Street, Brooklyn, NY 11212
Land • 5,150 SF
117 Osborn and 130 Watkins Street Brooklyn, NY 11212
Opportunity Zone
$810,000
105 Belmont Ave
Mixed Use • 0 SF
105 Belmont Ave Brooklyn, NY 11212
REO First Choice Realty LLC.
See more properties for sale in Brooklyn
Additional Information
Additional Information
Broker Name
Jacob Twena
Broker License
NY 10301216626
Is there information that looks off? Report
For assistance, reach out to our support team at [email protected] or call 888.273.0423 .