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29579739
29579740

9110 Avenue L, Brooklyn, NY 11236

PM
10311207456
Matheos Realty Group
Listed by Matheos Realty Group
$1,100,000
120 days on market
Updated 120 days ago

9110 Avenue L

Details
Property Type Mixed Use
Sub Type Fully Occupied
Units 3
Cap Rate 6.85%
NOI $75,363
Pro-Forma Cap Rate 7.97%
Pro-Forma NOI $87,623
Broker Co-Op Yes
Stories 2
Lot Size (SqFt) 2,300

Mixed Use | 6.85% CAP

Marketing description

9110 Avenue L is a lucrative investment opportunity in Brooklyn's vibrant Canarsie neighborhood. This fully-occupied mixed-use property boasts two residential units above a thriving retail space, generating a robust income of $105,600 annually. With a net operating income of $75,363 and low expenses, this asset offers steady cash flow for savvy investors. The stable occupancy and strategic location attract a diverse renter base, ensuring long-term revenue growth. Situated in a community renowned for its amenities and strong housing demand, residents enjoy easy access to essential services and public transportation, linking them to Downtown Brooklyn and Manhattan. Priced at $1,100,000 with a 6.85% cap rate, this property stands out as a reliable yield-driven asset in a sought-after Brooklyn market. Don't miss the opportunity to own 9110 Avenue L and capitalize on its income potential and prime location.

Listing Contacts

PM
10311207456
Matheos Realty Group
Listed by Matheos Realty Group

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$75,363.00
$6,280.25/mo

Valuation Metrics

0
DSCR
6.85%
Cap Rate
6.85%
ROI

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Additional Information

Name
Isaiah Thomas
License
10401321987
Brokerage
Matheos Realty Group
Brokerage Phone
2123816057
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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