Listed by Brooklyn Blocks Real Estate
$7,295,000
3121 Frederick Douglass Blvd
Details
Property Type Office, Retail
Sub Type Storefront
Square Footage 14,943
Net Rentable (SqFt) 14,943
Units 4
Cap Rate 6.29%
NOI $458,510
Occupancy 100%
Tenancy Multi
Brand/Tenant Burger King, Compass Real Estate
Lease Type NN
Rent Bumps Yes
Price per SqFt $488
Class A
Year Built 2007
Investment Type Value Add
Huge Upside ..Harlem retail Condo Package for SALE!
Investment highlights
.Cash flowing Day 1
.Escalation Clauses
.Long term play
Listing Contacts
Listed by Brooklyn Blocks Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$458,510.00
$38,209.17/mo
Valuation Metrics
0
DSCR
6.29%
Cap Rate
6.29%
ROI
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