622 Van Siclen Ave, Brooklyn, NY, 11207
Property is also known as 737 Riverdale Ave.
Tri Corner: Van Siclen/New Lots/Riverdale Ave
Property Video: https://youtu.be/7ZD8NOui_6A
Description: 7 Store taxpayer, ideal for investment or redevelopment
*East New York neighborhood.
*R6-C2-2 Zoning.
*Corner Lot 86 x 95 size.
*Lot Square Feet: 8,170 Sq.Ft.
*Building size nearly 7,000 Sq.Ft.
*Each store has a basement as well.
*Longest lease is only 1 year left.
*Ideal for investors or redevelopment for a mixed use 30,000+ Sq.Ft building (Corner Wide Street).
*Market rent: $275,000 yr (low end at $45 per SF).
*Taxes: $29,639.
*Current heating and cooling is Gas and electric.
*Situated only 300 Ft to the Livonia Ave/Van Siclen Subway.
*1 Mile to Jackie Robinson Parkway Via Van Siclen and Pennsylvania.
*2 Miles to Belt Parkway via Van Siclen Ave.
Projected market rents are $228,000 per year (plus tenants pay taxes)
Price: $2,750,000
These type of properties are in demand. Don't let this one slip you by.
For marketing brochure contact exclusive broker:
Victor Weinberger of REMAX Team, Inc.
917-806-7040 (cell)
917-591-8000 (eFax)
718-429-4400 (office)
VWRemax@gmail.com E-mail
