$1,075,000
↓ $25K (2.3%)
●
House -
For Sale
600 E 22nd Street
Flatbush, NY 11226
Studio
0 Bath
$6,365
Estimated Monthly
$0
HOA / Fees
1.67%
Cap Rate
About This Property
Calling All Investors, Developers & End-Users!!! 100% Occupied 9.97
Cap 5 Unit Apartment Building In Brooklyn For Sale!!! The Building
Features Great Exposure, Excellent Signage, Strong R7A Zoning,
Private Driveway, Large Gated Yard, 6 Parking Spaces, High 10'
Ceilings, All New LED Lighting, A/C, +++!!! The Property Is
Located In The Heart Of Brooklyn Just A Few Minutes From Rt. 27
Near Prospect Park Lake & The Brooklyn Museum!!! Neighbors Include
UPS, FedEx, CubeSmart Self Storage, Target, ShopRite, AutoZone,
Bank Of America, Optimum, Blink Fitness, Planet Fitness, Key Food,
Dunkin', Walgreens, McDonald's, BP Gas, Taco Bell, Duane Reade,
Dollar Tree, Five Below, Subway, National Wholesale Liquidators,
Aldi, IHOP, Wendy's, KFC, +++!!! This Property Has HUGE Upside
Potential!!! This Could Be Your Next Development Site Or A Nice
Addition To Your Investment Portfolio!!! Income:
Apt. 1A (Studio, 1 Bath): $24,252.60 Ann.; Lease Exp.:
5/31/24. Apt. 1B (1 Br. 1 Bath): $14,217.72 Ann.;
Lease Exp.: 5/31/25. Apt. 2A (3 Br. 1 Bath):
$19,004.88 Ann.; Lease Exp.: 6/30/24. Apt. 3A (3 Br.
1 Bath): $21,391.20 Ann.; Lease Exp.: 11/30/23. Apt.
4A (3 Br. 1 Bath): $18,033.36 Ann.; Lease Exp.: 9/30/25.
Private Gated Parking Lot: $36,000 Ann. Gross
Income: $142,899.76 Ann. Expenses: Heat:
$1,510 Ann. Electric (Common Areas Only): $721 Ann.
Maintenance & Repairs: $937 Ann. Water &
Sewer: $4,203.58 Ann. Insurance: $5,270.66 Ann.
Taxes: $13,032 Ann. Total Expenses:
$25,674.24 Ann. Net Operating Income (NOI):
$107,225.52 Ann. (9.97 Cap!!!)
Unit Size
-
Days on Market
223 days
Land Size
0.07 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,086
HOA Dues
-
Year Built
1931
Listed By
Last updated: 5 months ago (OneKey MLS #ONE3505396)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Nov 30, 2023 | Price Decreased |
$1,075,000
↓ $25K
(2.3%)
|
|
Price Decreased | |||
Sep 18, 2023 | Listed by All Island Estates Realty Corp | $1,100,000 | |
Listed by All Island Estates Realty Corp | |||
Jul 11, 2018 | Sold to Brooklyn Park Terrace Llc | $1,272,950 | |
Sold to Brooklyn Park Terrace Llc | |||
Jun 22, 2017 | Sold to 600 East 22nd Realty Llc | $1,050,000 | |
Sold to 600 East 22nd Realty Llc |
Property Highlights
Exterior Details
Property Information
Square Footage : 5720
Property Type: Commercial Sale
Property Sub Type: Mixed Use
Year Built: 1931
Building Information
Building Area Units: Square Feet
Lot Information
Lot Size Acres: 0.07
Lot Size Square Feet: 3000
Lot Size Dimensions: 30x100
Financial Details
Tax Annual Amount: $13,032
Location Details
Directions: Foster Avenue To E 22nd Street
County or Parish: Brooklyn
Other Details
On Market Date: 2023-09-18
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
House
4
Beds
3
Baths
3,034 ft²
$356/ft²
$1,080,000
Sep 9, 2021
$1,080,000
Dec 9, 2022
-
Sold
House
3
Beds
4
Baths
-
$1,064,700
Aug 16, 2023
$1,064,700
Feb 1, 2024
$871/mo
Condo
3
Beds
2
Baths
1,163 ft²
$924/ft²
$1,075,000
Mar 6, 2019
$1,075,000
May 21, 2019
$730/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
600 East 22nd Street
600 East 22nd Street, Brooklyn, NY 11226
- 13 Units
- 1 Unit for Sale