110 Brookside Avenue
About This Property
While not operating as an active bar business, the property retains a full bar setup, offering a turnkey opportunity for hospitality, nightlife, or creative commercial use. The spacious interior includes a large lounge area with flexible open space suitable for events, entertainment, or repurposing to suit your vision.
Included in the sale are two vacant lots located directly across the street, providing valuable options for expansion, additional parking, or future development. A large private parking lot in front of the building ensures easy access and high customer appeal.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 21, 2025 | In contract | - | |
In contract | |||
May 13, 2025 | Listed by Core Real Estate Team | $50,000 | |
Listed by Core Real Estate Team | |||
Jan 11, 2023 | Sold to Anthony Barksdale | ||
Sold to Anthony Barksdale | |||
Jul 26, 2011 | Sold to Corporation Tes | ||
Sold to Corporation Tes | |||
Aug 3, 1999 | Sold to Thomas Cisek | ||
Sold to Thomas Cisek |
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Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
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Building Info
