Property Description for 606 Flatbush Ave
Prospect Lefferts Gardens
Fantastic Brick 7 family Brick building & 1 Retail store in Prospect Park Lefferts Gardens, 1 block from Prospect Park entrance and Prospect Park Q Train, NYC buses and subways. Robust , HIP location walk to all restaurants, hundreds of retail boutique shops , theaters and new hi rise condo buildings on Flatbush Avenue. This property located near; Barclays Center, Botanical Gardens, Prospect Park, Grand Army Plaza, Brooklyn Museum etc.
6 apartments were renovated with new kitchens, bathrooms, floors and walls. Buliding has all new thermopane windows, 2020 new gas boiler, 2018 new roof, 2018-2023 .
There are 5 preferential leases worth extra $26,526.00 per year upon vacancy. Projected Income $187,256.00. Store has no lease. Store pays $3100.00 per year towards the Real Estate and water tax.
Current Net Annual Income $121,000.00