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571 Ocean Parkway
New York, NY 11218
Richard Matt Shane with All Island Estates Realty Corp, original listing - (516) 783-5600

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Property Details


List Price: $15,388,000
Beds: --
Baths: --
Status: Active
SqFt: 24510 Square Feet
Agency: All Island Estates Realty Corp
Agency Phone: (516) 783-5600

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Description/Comments


Lot Size: 0 sqft
Property Type: Commercial Sale-Mixed Use
Year Built: 2023
Notes: Calling All Investors, Developers & End-Users!!! Brand New 100% Occupied 30 Unit Mixed-Use Building In Kensington For Sale!!! The Building Features Excellent Signage, Great Exposure, 1 Medical Office, 18 Parking Spaces, High 10' Ceilings, Strong R7A Zoning, Elevator, Motion Sensor Lights, Sprinklers, All New LED Lighting, 3 Phase Power, CAC, +++!!! The Property Is Located In The Heart Of Kensington In Between Church Ave. & Foster Ave., Just Minutes From Prospect Park Lake!!! Neighbors Include UPS, Kia, The Home Depot, Target, Costco, NYU Langone, ShopRite, T.J. Maxx, Walgreens, CVS, Extra Space Storage, Staples, Planet Fitness, Blink Fitness, Taco Bell, McDonald's, Meineke Car Care, Aldi +++!!! The Building Was Built In 2023!!! This Property Offers HUGE Upside Potential!!! This Could Make A Great Addition To Your Investment Portfolio Or Be The Next Home For Your Business!!! Income: Medical Office: $30,000 Ann. Unit 1A: $42,240 Ann. Unit 2A: $29,355 Ann. Unit 2B: $34,440 Ann. Unit 2C: $34,440 Ann. Unit 2D: $29,412 Ann. Unit 3A: $35,559 Ann. Unit 3B: $35,473.20 Ann. Unit 3C: $29,412 Ann. Unit 3D: $29,426.16 Ann. Unit 4A: $29,355 Ann. Unit 4B: $28,500 Ann. Unit 4C: $35,473.20 Ann. Unit 4D: $35,552.28 Ann. Unit 5A: $35,569.56 Ann. Unit 5B: $29,412 Ann. Unit 5C: $28,500 Ann. Unit 5D: $35,552.28 Ann. Unit 6A: $29,412 Ann. Unit 6B: $34,200 Ann. Unit 6C: $36,153 Ann. Unit 6D: $37,487.88 Ann. Unit 7A: $37,044 Ann. Unit 7B: $36,731.04 Ann. Unit 7C: $36,820.44 Ann. Unit 7D: $37,044 Ann. Unit 8A: $35,485.56 Ann. Unit 8B: $36,396 Ann. Unit 8C: $37,487.88 Ann. Unit 8D: $35,485.56 Ann. Gross Income: $1,017,419.04 Ann. Expenses: Utilities: $21,823 Ann. Maintenance & Repairs: $5,113 Ann. Management: $3,200 Ann. Insurance: $12,053 Ann. Taxes: $7,533 Ann. Total Expenses: $49,722 Ann. Net Operating Income (NOI): $967,697.04 Ann.
MlsNumber: --
ListingId: L3588915


Listing Provided By: All Island Estates Realty Corp, original listing
Phone: (516) 279-8828
Office Phone: (516) 783-5600
Agent Name: Richard Matt Shane
Disclaimer: Copyright © 2024 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


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