1193 Rogers Avenue Brooklyn, NY $ 4,300,000
1193 Rogers Avenue
$ 4,300,000
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1193 Rogers Avenue

Brooklyn, NY, 11226
$ 4,300,000
Baths0.0 Sq 8,250

Monthly Estimate*

$ 28,579

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Studio

Commercial Property for sale in Brooklyn, NY

for $4,300,000. This 8,250 square foot building was built in 1910 on a lot size of 0.063131.

Brooklyn Rogers Avenue & Avenue D PRIME Investment well maintained 3 Story Corner SOLID BRICK Semi Attached FULLY VACANT 10 Family & 2 store - ALL FREE MARKET RATE - NO STABILIZED & VACANT! Full basement! Featuring Vacant SEVEN 1 bedroom and THREE 2 bedrooms with living room & EIK! 2 Vacant Store approx. 1,300 sq ft each! New gas boiler! Building size 26.83 ft x 102.5 ft built on footprint. Qualified for Opportunity Zone! Projected Conservatively Projected monthly rent One bed- $ 2,000 a month Two bed $ 2,300 & Each Store $ 3,000 - High traffic & exposure warp around signage & Projected Gross annual income $ 322,800.00 Projected Gross Annual Expense $ 29,325.00 NET Projected Annual income $ 29,3475 = 8% Projected CAP Rate R6 Zoning. Great upside potential for long term or savvy investor- or developers to convert to Full market Condominium (Condo selling for $ 845.00 per sq ft today) or rent out for Affordable Housing! Don't MISS out!! Sold As Is - Great Location- a few moments away from Train, Shopping, Restaurant, bus stop in front and more! High traffic and foot traffic!

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Commercial Active

Price

$ 4,300,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 54,683

Style

Mixed Use

Lot Size

0.063131

Year Built

1910

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

482274

Features
Interior
Heating Fuel Gas
Walls Other
Flooring Carpeting Hardwood Other
Hot Water Other
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General
Roof Flat
Zoning R6
Electric Circuit Breakers
Stories 3
Property Type Mixed Use
Block 5214
Yearly Taxes 54683.00
Transaction Type Sale
Financing 1031 Exchange Cash
Building Type Semi-Detached
Status Active
Construction Materials Brick
Cumulative Days on Market 29
MLS Area Flatbush
Sub Type Mixed Use
Year Built 1910
City Brooklyn
DOM 29
# Families 10
Coming Soon Brooklyn Rogers Avenue & Avenue D PRIME Investment well maintained 3 Story Corner SOLID BRICK Semi Attached FULLY VACANT 10 Family & 2 store - ALL FREE MARKET RATE - NO STABILIZED & VACANT! Full base
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Exterior
Exterior Brick
Foundation Poured Concrete
Parking Attrib None
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Internal Only
Originating MLS Brooklyn New York MLS
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* Excluded Features
List By
Brooklyn Real Property Inc.

Broker

(718) 875-8899

Phone

Affordability Calculator

$33,136
Per Month
86%
14%
0%
Monthly Principal & Interest
$28,579
Monthly Property Taxes
$4,557
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1337269 Elementary School
1337270 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/22/2024$3,900,000 Listed Price

Map


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1193 Rogers Avenue, Brooklyn, NY, 11226 is a Commercial Property for sale at $4,300,000 with 8,250 sqft and a lot size of 0.063131. 1193 Rogers Avenue is a studio with 0.0 baths and was built in 1910. The property's zip code is 11226 which is in Brooklyn, NY