Nathaniel Smith
This listing was posted on RealtyWW.
$1,295,000
Fulton St, Brooklyn, Home For Sale
Price:
$1,295,000
BR/BA:
3 BR, 1 BA
Location:
2693 Fulton St, Brooklyn, NY
Description:
Introducing 2693 Fulton St an impressive two family over commercial store and 2 garages on Fulton Street in brooklyn. This property will be delivered as-is (FULLY VACANT) with the violations extant. Access is possible. Reach out for times. Perfect for an end user buyer or investor who is familiar with the area. The projected cap rate is 9% at full occupancy. (negotiable)DIRECTLY ACROSS the street from a new 150 unit development site almost completed, will be rentals.Projected income1Fl Store $3500/mo2Fl Apt 3Br/1Ba $2500/mo3Fl Apt 3Br/1Ba $2500/mo2 Car Garage $500/mo$9000/mo X 12= $108, 000Expenses:RE Tax: $3815Water: $2500Insurance:$3000Electric. $1200Super: $2000Total: $12, 515Projected NOI: $95, 485Projected Cap Rate 9%For more details: https://realtyww.info/homes_brooklyn-d523175/for-sale_i77029183
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