Property Description for 2178 Flatbush Ave
Remarkable investment opportunity, a commercial building, erected in 2005, currently set-up as restaurant, occupying both floors and a basement with an extra sitting space, fully equipped commercial kitchen. Building delivered vacant. Projected CAP Rate is 8.72% with very conservative $8,000 monthly rent on a NNN lease.
The building is in a great condition, sprinkle system in place, central A/C and heat
This 12 years young building is centrally located on Flatbush Avenue the major commercial artery of Brooklyn in Marine Park section, on the Eastern side of Flatbush Avenue, between Quentin Road and Avenue R, next to all public transportation, surrounded by such credit tenants as TD Bank, PC Richards, MacDonalds, Dunkin Donuts, KFC Chicken and others, including Kings Plaza few blocks away.
This property is an excellent choice for the owner/user or savvy investor. Seller is very motivated!