$488,946*
●
Commercial -
Off Market
7 Chatham Square #C5C6C7
Brooklyn, NY 10013
Studio
0 Bath
600 Sqft
$360,000 - $440,000
Reference Base Price*
22.24%
Since Jun 1, 2021
NY-New York
Primary Model
About This Property
3 separate office condos for sale in a prime location of China
Town. With a total area of 600 sqft. Income includes renting 180
mailboxes and 3 offices. 60 X small-sized mailbox rent $50/each for
one year, 60 X medium-sized mailboxes rent $75/each for a year, and
60 X large-sized mailboxes rent $100 each for a year. Annual income
from mailboxes is $22,500 including $9000 mailbox deposit ($50
deposit for each mailbox, total 180 mailboxes). And annual income
from 3 offices is $38,400. The total annual rent is $60,900.
($22,500 mailbox + $38,400 office). Office #C5: common charge
monthly fee: $282 and quarter tax: $1425. Office #C6: common charge
monthly fee: $104 and quarter tax: $558. Office #C7: common charge
monthly fee: $158 and quarter tax: $815. Annual tax expenses is
$11,192.
The manager has listed the unit size as 600 square feet.
The manager has listed the unit size as 600 square feet.
Unit Size
600Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$667
Property Type
Commercial
Property Taxes
$11,192
HOA Dues
-
Year Built
1920
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Nov 7, 2021 | No longer available | - | |
No longer available | |||
May 7, 2021 | No longer available | - | |
No longer available | |||
May 7, 2021 | Listed | $400,000 | |
Listed | |||
|
|||
3 separate office condos sale as a package in a prime location of
China Town. With a total area of 600 sqft. Income includes renting
180 mailboxes and 3 offices. 60 X small-sized mailbox rent $50/each
for one year, 60 X medium-sized mailboxes rent $75/each for a year,
and 60 X large-sized mailboxes rent $100 each for a year. Annual
income from mailboxes is $22,500 including $9000 mailbox deposit
($50 deposit for each mailbox, total 180 mailboxes). And annual
income from 3 offices is…
|
|||
Feb 7, 2021 | Listed | $400,000 | |
Listed |
Property Highlights
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
Sold
Co-op
Stu
1
Bath
550 ft²
$700/ft²
$385,000
Jan 15, 2015
$385,000
Feb 5, 2021
$880/mo
Sold
Co-op
Stu
1
Bath
550 ft²
$682/ft²
$375,000
Jan 24, 2014
$375,000
Nov 3, 2014
$822/mo
Sold
Co-op
Stu
1
Bath
550 ft²
$682/ft²
$375,000
Nov 19, 2013
$375,000
Mar 20, 2014
$822/mo
Sold
Co-op
Stu
1
Bath
500 ft²
$798/ft²
$399,000
Apr 2, 2016
$399,000
Feb 5, 2021
$720/mo
Sold
Co-op
Stu
1
Bath
500 ft²
$900/ft²
$450,000
May 7, 2021
$450,000
Mar 14, 2022
$1,052/mo
In Contract
Co-op
Stu
1
Bath
310 ft²
$1,129/ft²
$350,000
Jun 8, 2023
-
$367/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
05/12/2022
|
|
Loft
|
-
|
-
|
$199,000
Loft
-
|
-
-
|
-
|
David Yudell
Exit Realty First Choice
|
01/12/2022
|
Loft
|
-
|
7750 ft²
|
$130,000
Loft
-
7750 ft²
|
-
-
|
-
|
Getman Megan Moy
Homemax Realty Inc
|
|
02/07/2021
|
Loft
|
-
|
600 ft²
|
$400,000
Loft
-
600 ft²
|
-
-
|
-
|
-
|
|
06/03/2019
|
Studio
|
-
|
600 ft²
|
$400,000
Studio
-
600 ft²
|
-
-
|
-
|
Getman (Megan) Moy
Homemax Realty Inc
|
Building Info
7 Chatham Square
7 Chatham Square, New York, NY 10013
- 60 Units
- 1 Unit for Sale