671 Grand St
Brooklyn, NY 11211
Retail Property For Sale

~ Just Listed! ~ 671 Grand St, Brooklyn NY 11211 2 Family w/ Commercial Space, Garage & Office in Prime Williamsburg! Asking Price: $3,649,000 Commercial Space: $6,377/mo, 1500 SF Lease expires 12/19. Pays 2K toward taxes Potential Rent: $7,500/mo 2nd Fl: 4Br apt w/ private Roof Deck space $3,500/mo. No Lease 3rd Fl: 3Br. $2,700/mo. No Lease Small Office + Garage: $1,500/mo. No Lease Total Rents: $168,924/Yr Potential Rents: $188,400/Yr Expenses/Yr Heat & Hot Water: $3,000 Electric: $1,500 Insurance: $6,000 Taxes: $8,000 Water, sewer: $1,500 Total Expenses: $18,000/Yr Net Income: $150,924 Potential Net: $170,400 Cap Rate: 4.1% Potential Cap Rate: 4.6% Building: 25 x 100 ft Lot: 25 x 100 ft Zoning: C4-4A (permits Residentail) FAR: 3.45 w/o Inclusionary Housing FAR: 4.6 w/ Inclusionary Housing UNLIMITED POTENTIAL for Developers or Users! For more details call us TODAY: Michael Bifalco (917) 704 5147 Capri Jet Realty (347) 450 3577 Information deemed reliable, but is not guaranteed. Check with your architect