Louis Puopolo
This listing was posted on RealtyWW.
$4,950,000
Home For Sale In Brooklyn, New York
Price:
$4,950,000
BR/BA:
4 BR, 2.5 BA
Location:
220 Atlantic Ave Unit Building, Brooklyn, NY
Description:
Douglas Elliman Commercial has been exclusively retained by ownership to market for sale 220 Atlantic Avenue, Brooklyn, NY. New Price $4, 950, 000 220 Atlantic Avenue is a rare opportunity to acquire a residential mixed-use building located in the center of Brooklyn's most vibrant neighborhoods: Cobble Hill - Boerum Hill - Brooklyn Heights - Downtown Brooklyn. The retail property's location offers access to an eclectic shopping demographic that actively benefits from bustling traffic day after day. The 3 story building, 5, 240 rentable sq. ft. over 4 floors, has been gut-renovated with efficient detail from rooftop to the retail lower level. The 2nd and 3rd floor comprises of two free market 2 bedroom apartments, which include washer/dryer, central air and an outdoor deck on floor 2. The ground floor retail space offers a turnkey food production enterprise or restaurant commissary infrastructure loaded with commercial grade stoves, grills, walk-in freezers, and chillers all serviced by code compliant exhaust ventilation out to the roof. An elevator conveniently connects to the retail's lower level providing dishwashing and food prep stations, walk-in refrigerator storage, and valuable production square footage to enhance any food and beverage service establishment. Proforma: Annual Rental Income $322, 800 (Residential + Retail) - $29, 900 (Expenses + RE Tax) $292, 900 Projected Net Operating Income Investor or Owner/User, the property can offer immediate cash flow with tenants or can be delivered vacant. Please inquire for details.For more details: https://realtyww.info/homes_brooklyn-d523175/for-sale_i71796472
Property Type:
Single-Family Houses
Amenities:
AC, Elevator, Patio/Deck, Refrigerator, Storage, Washer Dryer
Posted:
May 13 on RealtyWW
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More About this Listing: Home For Sale In Brooklyn, New York
Home For Sale In Brooklyn, New York is a Four Bedroom 2.5 Bath Single-Family Homes for Sale at 220 Atlantic Ave Unit Building in Brooklyn NY. Find other listings like Home For Sale In Brooklyn, New York and listings near 220 Atlantic Ave Unit Building by searching Oodle Classifieds for Four Bedroom 2.5 Bath Single-Family Homes for Sale in Brooklyn NY.
Home For Sale In Brooklyn, New York is a Four Bedroom 2.5 Bath Single-Family Homes for Sale at 220 Atlantic Ave Unit Building in Brooklyn NY. Find other listings like Home For Sale In Brooklyn, New York and listings near 220 Atlantic Ave Unit Building by searching Oodle Classifieds for Four Bedroom 2.5 Bath Single-Family Homes for Sale in Brooklyn NY.