$2,200,000
 $11,810 est/mo Sourced by Back At You

660 Utica Avenue , East Flatbush, NY 11203

East Flatbush, NY 11203

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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.

Details

MLS#3510701
Listing TypeFor Sale
StyleVacant Land
Sub-TypeResale
StatusActive
Days On Site365
Listing Provided ByEXP Realty | Rene Attias

Features

ZoningResidential
Acreage0.21

Market Activity 11203

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the OneKey MLS.

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Learn More About This Property

StateNY
CountyBrooklyn
CityEast Flatbush
Zip Code11203
Subarea13
School DistrictEast Brooklyn Community High Sch
Elementary SchoolPs 235 Janice Marie Knight Schoo
Middle SchoolMiddle School For Art And Philos
High SchoolEast Brooklyn Community High Sch
Listing VS Median (in 11203)
Price:
$2,200,000
low | high
Med:
$800,000
100% of Average
On Site:
365
low | high
Med:
73.000000
100% of Average
Sourced by Back At You
Listing Updated: October 14, 2024 at 2:37:28 AM PDT