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382 Ave P
Brooklyn, NY 11204
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- This semi-detached multi-family property in Bensonhurst features 5 residential units and a commercial storefront,generate a strong rental income!
- Located near Kings Highway, this property offers easy access to public transportation including the F and N subway lines and several bus routes.
- Proximity to Amenities: Surrounded by national businesses like Santander Bank, P.C. Richard & Son, and multiple restaurants?.
- High Rental Income: With current rent rolls $136,800 annually, the property offers stable cash flow.
- No Major Upgrades Needed: The building is in good condition with a full, unfinished basement that can be leased out for additional income.
EXECUTIVE SUMMARY
Discover a prime real estate investment opportunity at 382 Avenue P, Brooklyn, NY 11204. This semi-detached multi-family property, built in 1927, offers 5 residential units and a commercial storefront. With a total building size of 4,446 sq. ft., this property is perfect for investors seeking steady rental income in the desirable Bensonhurst neighborhood.
Key features include a long-term commercial tenant with a lease until 2029, gross income potential of $142,800 per year, and net income of $113,800. The property also includes a full, unfinished basement available for lease.
CALL FOR MORE INFORMATION ! 917-544-8520
Key features include a long-term commercial tenant with a lease until 2029, gross income potential of $142,800 per year, and net income of $113,800. The property also includes a full, unfinished basement available for lease.
CALL FOR MORE INFORMATION ! 917-544-8520
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,560 SF
Building Class
C
Year Built
1927
Price
$1,890,000
Price Per SF
$414.47
Cap Rate
6.02%
NOI
$113,800
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.62
Lot Size
0.04 AC
Zoning
C8-2 - R4-1
Frontage
20’ on Avenue P
PROPERTY TAXES
| Parcel Number | 06632-0006 | Improvements Assessment | $389,250 |
| Land Assessment | $5,400 | Total Assessment | $394,650 |
PROPERTY TAXES
Parcel Number
06632-0006
Land Assessment
$5,400
Improvements Assessment
$389,250
Total Assessment
$394,650
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