5405 6 avenue
Newly rebuilt 3 family Storefront & legal basement- Owner MOTIVATED
Marketing description
Prime Location 6 Avenue 54 street Sunset park, Busy high traffic area newly rebuilt gut renovated from ground up legal 3 family with storefront & LEGAL rentable basement storefront/Office/ Storage not included in Cap Rate! Huge three residential apartment, each consist of 4 bedrooms & 2 full baths & 2 balcony! Lots of closet space, Average residential size 1,822 sq ft with high ceiling! New kitchen bathroom, floors too much to say! Month to month occupancy! Storefront 1,080 sq ft with full finished basement with high ceiling & bathroom with its separate entrance & boiler! Building size 20 x 55 lot size 20 x 80. R6 S2zoning. Storefront currently discount 99 cents store -no lease - paying $ 5,000-month NNN lease. Projected Cap rate 7% with many upsides potential Projected $ 366,000 yr income! All market values! Near 8th Or 4 Avenue shopping corridor, all train, restaurant & much more!
Investment highlights
Prime Location 6 Avenue 54 street Sunset park, Busy high traffic area newly rebuilt gut renovated from ground up legal 3 family with storefront & LEGAL rentable basement storefront/Office/ Storage not included in Cap Rate! Huge three residential apartment, each consist of 4 bedrooms & 2 full baths & 2 balcony! Lots of closet space, Average residential size 1,822 sq ft with high ceiling! New kitchen bathroom, floors too much to say! Month to month occupancy! Storefront 1,080 sq ft with full finished basement with high ceiling & bathroom with its separate entrance & boiler! Building size 20 x 55 lot size 20 x 80. R6 S2zoning. Storefront currently discount 99 cents store -no lease - paying $ 5,000-month NNN lease. Projected Cap rate 7% with many upsides potential Projected $ 366,000 yr income! All market values! Near 8th Or 4 Avenue shopping corridor, all train, restaurant & much more!Call 347-526-5131
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