6214 24 Avenue #MO Brooklyn, NY 11204

229083749 40.612755 -73.9757 724 /listing/229083749-151168966/6214-24-avenue-no-mo-brooklyn-ny-11204 False 0 2899000.0 8059 101 426392 False
  • $2,899,000
  • 8,059 sqft
  • Est payment $15562.46/mo

Property Information

  1. 8,059 Sq. Ft.

Commercial in Brooklyn

High Class Realty SB is pleased to offer the sale of a fully remodeled, newly constructed and entirely custom-built community facility Condo unit located at 6214 24th Ave in the Bensonhurst/Mapleton section of Brooklyn. The subject property is situated at street level of a seven-story condominium building, and totals a whopping 8059 square feet. Potential buyers will find themselves falling in love with the lively neighborhood, which has come to be known as the multi-cultural hub of Southwest Brooklyn. Due to its family-friendly vibe, easy access to transportation, shopping and low crime rates, homes in the Bensonhurst area are often in high demand, making this sale an excellent opportunity for both investors and users. Commencing April 1, 2019, the annual gross rent for the unit will be $ 225,101, putting the cap rate at 7% and the overall value at $2,899,000. This price would be under $360 per square foot, which is ultimately well below cost. Two parking spots in the garage are available for $50K each. The lease would continue through March 31, 2025 and reflect an annual rent increase of 3%, with the tax abatement until June 30th, 2033. This is an amazing and unmissable investment opportunity offered by Sponsor.

Courtesy Of High Class Realty SB LLC.

Main Features

  • Listing Status: Active
  • Year Built: 2007
  • Floors: 1
  • County: Kings
  • Taxes: $2,943.00
  • Zoning: R4-1
  • MLS Number:426392

Additional Features

  • Air Conditioning:
    • 5+
  • Ceiling Height:
    • 8-10 Foot
  • Commercial Features:
    • Fire - Smoke Alarm
    • Fire - Standpipe
    • Fire Sprinkler
    • Handicap Design
    • Lobby
    • Lobby – Security
    • None
    • Security Alarm
  • Flooring:
    • Ceramic
    • Linoleum
  • Lavatories:
    • 4+
  • Building Square Feet:
    • 9000
  • Building Type:
    • Detached
  • Construction:
    • Block
  • Current Use:
    • Health Care
  • Exterior Wall:
    • Sheet Rock
  • Loading Dock:
    • None
  • Property Subtype:
    • Tax Payer
  • Roof:
    • Tile
  • Basement Details:
    • None
  • Foundation:
    • Poured Concrete
  • Exterior:
    • Other
  • Waterfront:
    • N
  • Electric:
    • 110 V
    • 220 V
    • Other
  • Heat:
    • Hot Air
  • Heating Fuel:
    • Electric
  • Utilities:
    • Other
    • Septic
    • Sewer
    • Sprinkler System
    • Water
  • Handicap Access:
    • Yes
  • Potential Use:
    • Health Care
    • Investment
    • Other
    • Senior Housing
  • Financing:
    • 1031 Exchange
    • Bank Mortgage
    • Cash
  • Gross Income:
    • 225101
  • Net Operating Income:
    • 209133.00
  • Rent Income:
    • 225101
  • Sale Type:
    • Arm's Length
  • Transaction Type:
    • Sale
  • CDOM:
    • 40
  • District:
    • Brooklyn
  • Cap Rate:
    • 0.07
  • Gross Expenses:
    • 15968.00
  • Inventory Expense:
    • 0.00
  • Lot Number:
    • 1101
  • Lot Size Length:
    • 100
  • Lot Size Width:
    • 90
  • Lot Sq Ft:
    • 9000
  • Miscellaneous Expense:
    • 13025.00
  • Number Of Stores:
    • 7
  • Owner Occupied:
    • No
  • Payroll Annual Expense:
    • 0
  • Unit Count:
    • 1
  • Years Remaing On Lease:
    • 5
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.

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6214 24 Avenue #MO Brooklyn, NY 11204

229083749 40.612755 -73.9757 724 /listing/229083749-151168966/6214-24-avenue-no-mo-brooklyn-ny-11204 False 0 2899000.0 8059 101 426392 False
  • $2,899,000
  • 8,059 sqft
  • Est payment $15562.46/mo