Broker: Peter Vekiarellis Charles Rutenberg Realty Inc
4 Lots For Sale 43,000 Sq. Ft.BUILDABLE with Adjoining Warehouse at additional price Approx 6,451 SF corner assemblage with significant amount of ai
...read more4 Lots For Sale 43,000 Sq. Ft.BUILDABLE with Adjoining Warehouse at additional price Approx 6,451 SF corner assemblage with significant amount of air rights in prime location of South Slope, Brooklyn. Lot 1 is 2,250 sq ft. Lot 2 is 1,706 sq ft. Lot 3 is 2,495 sq ft. Base build-able square ft is 30,965 sq ft.FOR LOTS 151-153 The zoning is M1-2D. FAR for residential is 1.65, commercial is 2.00 and community facility is 4.80. R/e taxes for 2019/2020 for 651/60 block and lot $6,590 R/e taxes for 651/159 are $5,176 R/e taxes for 651 Lot 1 & 2 151- 153 3,956 SF Lot 3 25 x 100 warehouse with two one bedroom residential apartments approximately 680sq ft, on top of warehouse. Current residential rental income is $36,000. Tenants pay all expenses including water, heat and electric. Warehouse rental income is $54,000. Total gross income $90,000. Net Operating Income $66,307 Warehouse Rent as of January 2020 $4500 per month. 2 ADJACENT LOTS ALSO FOR SALE CAN BE SOLD AS PACKAGE ALL 3 PROPERTIES. LOTS HAVE $4000 PER MONTH RENTAL INCOME NO LEASES. LOT 4 IS 157 25th street is a LEGAL 3 FAMILY CAN BE DELIVERED VACANT 43,000 Sq. Ft. BUILD ABLE
