Active
1193 Rogers Avenue
Brooklyn NY, 11226
$4,000,000
$484.85 per sqft
Active
8,250 sqft
Multi-family
Built in 1910
Brooklyn Rogers Avenue & Avenue D PRIME Investment well maintained 3 Story Corner SOLID BRICK Semi Attached FULLY VACANT 10 Family & 2 store -STABILIZED & VACANT! Full basement! Featuring Vacant SEVEN 1 bedroom and THREE 2 bedrooms with living room & EIK! 2 Vacant Store approx. 1,300 sq ft each! New gas boiler! Building size 26.83 ft x 102.5 ft built on footprint. Qualified for Opportunity Zone! Projected Conservatively Projected monthly rent One bed- $ 2,000 a month Two bed $ 2,300 & Each Store $ 3,000 - High traffic & exposure warp around signage & Projected Gross annual income $ 322,800.00 Projected Gross Annual Expense $ 29,325.00 NET Projected Annual income $ 29,3475 = 8% Projected CAP Rate R6 Zoning. Great upside potential for long term or savvy investor- or developers to convert to Full market Condominium (Condo selling for $ 845.00 per sq ft today) or rent out for Affordable Housing! Don't MISS out!! Sold As Is - Great Location- a few moments away from Train, Shopping, Restaurant, bus stop in front and more! High traffic and foot traffic!
482274
MLSⓇ ID
August 8, 2024
Listed
December 26, 2024
Updated
Map
1193 Rogers Avenue
Brooklyn NY, 11226
Interior Features
Total Stories
3
Interior Features
Carpet, Hardwood
Floor Description
Carpet, Hardwood
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Steam, Natural Gas
Exterior/Building Features
Lot Size
0.06 Acres
Other Property Details
Area Name
Brooklyn
Taxes
$54,683
Tax Frequency
Annually
Days on Market
219
Garage
No
Parking
On Street
View
No
County
Kings
Pool
No
Zoning
R6
Listing History
Date | Event | Price |
---|---|---|
8/29/2024 | Price change | $4,000,000 -7% |
Listed by Jean P Ho with Brooklyn Real Property Inc.
Listing Contact: 7188758899
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