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- LoopNet Team
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
AMENITIES
- 24 Hour Access
ABOUT 622 CHESTER ST , BROOKLYN, NY 11212
REAL STREET has been hired to exclusively represent this mixed use income producing multi family in a up and coming Brownsville in Brooklyn, NY. The subject property is located on a busy corner with approx. 100' of exposure and is fully leased out. The building is entirely FREE Market and consists of 3 stores and 4 apartments. The entire building has been updated with NEW MECHANICALS & SEPARATELY METERED Gross Rental Income: $182,844.00 Annual Expenses: $13,600.00 NOI: $169,244.00 CAP RATE - 7.6% !!!! 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
| Parcel Number | 03624-0001 | Improvements Assessment | $112,500 |
| Land Assessment | $56,250 | Total Assessment | $168,750 |
PROPERTY TAXES
