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| Description: 3330621 | |
| Prime Corner Mixed-Use Investment Opportunity 5001 4th Ave, Brooklyn, NY Property Details â?¢ 6 Residential Units 3(3beds and 1 bath) And 2 (2beds and 1 bath) High Demand Layout) â?¢ 2 Commercial Storefronts â?¢ 4 Stories + Basement â?¢ Brick Constructionâ?¢ Prime Corner Exposure Income Overview; Residential (6 Units) Total Monthly Residential Income: $14,100 Commercial Restaurant: $5,071 Tax Office: $1,920 Total Commercial Income: $10,000 Total Gross Income:$24,100 / month $289,200 / year Annual Expenses â?¢ Property Tax: $24,089 Insurance: $12,000 Gas: $12,000 Electric: $1,800 Water: $7,500 Total Annual Expenses: $57,389 Net Operating Income (NOI )$231,811 Cap Rate: 5.41% | |
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| Families: | 6 | |
| Property Type: | Mixed Use | |
Financials: |
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| Price: | $4,050,000 | |
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