This Retail Property is no longer advertised on LoopNet.com.

622 Chester St
Brooklyn, NY 11212
Mixed use · Retail Property For Sale

Investment Highlights

  • Stable income producer property
  • All Brick corner building
  • Great location and traffic

Property Facts

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,800 SF
Building Class
C
Year Built
1930
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.45
Lot Size
0.06 AC
Zoning
R6
Frontage
25’ on Chester Street

Amenities

  • 24 Hour Access

About 622 CHESTER ST , BROOKLYN, NY 11212

Mixed use investment brick building in an up and coming Brownsville Neighborhood. Prime corner location in great condition with new mechanicals, and separate meters. Gross Rental Income - $195,600 Projected Income - $265,200 (Store #1 - $3,300 & Store #2 - $2,500) Total Expenses- $23,823 NOI - $171,777 4 apartments on the 2nd Fl currently occupied(1)3 Beds, (1)2 Beds, (1)1 Bed, and (1) Studio. Cap Rate - 7.5% !!!! All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, change of concessions, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.

Property Taxes

Property Taxes

Parcel Number
03624-0001
Land Assessment
$56,250
Improvements Assessment
$146,250
Total Assessment
$202,500
  • Listing ID: 14943593

  • Date on Market: 1/22/2019

  • Last Updated:

  • Address: 622 Chester St, Brooklyn, NY 11212

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