$960,000
Updated 10 years ago
Sold

4224 Ave D

East Flatbush, Brooklyn | East 42nd Street & East 43rd Street

20 Rooms4 Beds2 Baths3,920 Square FeetMixed Use

$960,000
floors / apts2 / 2
Building TypeLow-Rise
RE Taxes$16,000
Price Per SF
$245

This property was sold for $960,000 on 10/12/16.

Outdoor space and views

  • Backyard

Building Amenities

  • Voice Intercom

Property Description for 4224 Ave D

Prime East Flatbush high traffic Avenue D retail corridor Solid & high exposure 4 store with 2 (2 bed) apt rental! Fish Store ($ 3,100 month 3NNN) & Shoe Store (2 store $1,400 month) lease ends in 2018, Barber shop ($ 1,000 month) & 2 rental apt ($ 1,150 month EACH) NO LEASES! $ 93,600.00 yearly rental income! Many upside potential to RAISE rent to Current market- As now 6 CAP Rate projected 8 CAP rate- Up & coming area Near Kings County Hospital (New state of the art Cancer treatment center) Walk to # 2 train & all buses! block away from HSBC bank, Family dollar & Pioneer Supermarket & Rite Aid! Apartment & other stores & basement shown on RESHOW only! Do not disturb Tenant! Proof of funds & pre approval! Will not last!

Listing History for 4224 Ave D

Now
10/12/2016
$960,000
Sold and Closed by Jean-Paul Ho
Brooklyn Real Property Inc.
09/22/2016
Contract Signed by Jean-Paul Ho
Brooklyn Real Property Inc.

Building Details for 4224 Ave D

OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1933
Floors/Apts2/2
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: 65227TH