$1,500,000
Updated 3 years ago
Off Market

9623 Ave M

Canarsie, Brooklyn | East 96th Street & Rockaway Parkway

6.5 Rooms6 Beds4 Baths2,040 Square FeetMixed Use

$1,500,000
floors / apts2 / 3
Lot Size30'x100'
Built Size20'x51'
ZoneR4-1
Building TypeLow-Rise
RE Taxes$7,593
Price Per SF
$735

Property Description for 9623 Ave M

East 90's Canarsie Brooklyn. Totally NEWLY renovated from top to bottom in November 2019 to January 31 2020 LEGAL 3 family & store! Fully detached ALL brick building with full finished basement! 5 room apartment (2 bedroom EACH apartment unit) each 3 family! Plus Beauty salon Store front approx. 600 sq ft (20 ft wide frontage) & Huge FINISHED basement! Lot 30.5 ft x 100 ft & building size 20 ft x 51 ft New roof, siding, boiler & much more! 5 income producing plus billboard sign! Low Real Estate Taxes! Will not last! Cap rate 6% High traffic area & near all buses Next to Minutes to Manhattan express bus, Canarsie pier & more! Start collecting your rent!! Income: 2nd floor Front $ 1,500.00 month (1 bedroom-NO LEASE)2nd floor Back $ 1,500.00 month (1 bedroom-NO LEASE) Storefront: Beauty Salon $ 2,000.00 a month (March 2025) 1st floor Rear $1,700.00 a month (May 2021) Basement- $ 1,000.00 month Storage Billboard sign $ 500.00 =$ 8,200.00 a month = $98,400 yearly income!

Listing History for 9623 Ave M

Now
07/01/2023
POM by Jean-Paul Ho
Brooklyn Real Property Inc.
2023

Building Details for 9623 Ave M

OwnershipMixed Use
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts2/3
Learn More About the Building

Contact Agent

Contact Agent

Jean-Paul Ho
Brooklyn Real Property Inc.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 76169TH