660 Utica Avenue

East Flatbush, NY 11203
$2,200,000

Description

Property is being sold with or without a fully occupied restaurant, which occupies the building measuring 20' x 70'. Monthly rent for only the restaurant is $6,000. The land portion where there is currently an auto dealership will be delivered vacant. Pro Forma rent for land portion is $12,000 per month. Can rent out the land or build to suit. R5 Zoning. C2-2 Overlay. Max FAR 1.25. Owner is willing to subdivide the property. The price of 2.2M is for the land only WITHOUT the restaurant. Price of 3.2M includes the restaurant. Pro Forma fully rented is at a 6% Cap.

  • Property Details
    • Property
      • Lot description:Cleared
    • Measurements
      • Acres:0.21
  • Construction Details
    • Type & Style
      • Property type:Purchase
  • Utilities / Energy Details
    • Utility
      • Sewer information:Public Sewer
      • Utility source:Public
  • Community and Neighborhood Details
    • Location
      • School district:Brooklyn 18
      • Elementary School:Ps 235 Janice Marie Knight School
      • Middle School:Middle School For Art And Philosophy
      • High School:East Brooklyn Community High School
      • County:Brooklyn
  • Financial Details
    • Pricing Details
      • Original List Price:$2, 200, 000
      • Taxes annual:$17, 802
  • Other
    • Source
      • MLS #:3510701

Location

Keller Williams LandmarkAsk Vinny Thompson team
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
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