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$1,150,000
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Property Description
Calling All Investors, Developers & End-Users!!! 8.77 Cap 6 Unit Apartment Building With 2 Garages For Sale!!! The Building Features Excellent Signage, Great Exposure, Separate Meters, LED Lighting, New Electric, New Gas Lines, New Water Lines, New Silicone Roof, New Waste Lines, Renovated Apartments, 6 Parking Spaces, A/C, +++!!! Located In The Heart Of Upper Bushwick WIth Rooftop Views Of Manhattan!!! Neighbors Include CVS, Rite Aid, Capital One, TD Bank, Bank Of America, Blink Fitness, Dollar Tree, Dollar General, +++!!! The Property Offers EASY ACCESS TO MANHATTAN Via The Train & The Williamsburg Bridge!!! This Property Offers HUGE UPSIDE Potential!!! Income: 1L: $1,553.25 Per Month ($18,639 Ann.) 1R: $1,496.82 Per Month ($17,961.84 Ann.) 2L: $2,242.73 Per Month ($26,912.76 Ann.) 2R: $1,514.70 Per Month ($18,176.40 Ann.) 3L: $1,904.77 Per Month ($22,857.24 Ann.) 3R: $1,997.52 Per Month ($23,970.24 Ann.) Garage: $6,000 Ann. Gross Income: $140,790.12 Expenses: Gas: $6,000 Ann. (Heating Only) Electric: $680 Ann. (Hallway & LL) Maintenance/ Repairs: $250 Insurance: $3,823 Ann. Taxes: $11,607.24 Ann. Total Expenses: $22,360.24 Net Operating Income (NOI): $118,429.88 (8.77 Cap)
Full Property Details
Full Property Details for 80 St Nicholas Ave
General
- Sold For: $1,150,000
- Taxes: $11,607
- Status: Closed
- Type: Commercial
- Source: Long_Island
- MLS ID: L3436910
- Added to Site: 1, 195 day(s) ago
Business
- Business Type: Miscellaneous
Location
- County: Brooklyn
- Township: Brooklyn
- Cross Streets: Suydem
- Driving Directions: Suydam to Saint Nicholas
Heating & Cooling
- Heating Type: Natural Gas
Structural Information
- Detached/Attached: Detached
- Stories/Levels: 3
- Stories in Building: 3
- Square Feet: 4,875
- Year Built: 1931
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,250
- Lot Size Source: Other
- Lot Dimensions: 25 x 90
- Zoning: R6
Financial Considerations
- Tax Amount: $11,607
Disclosures and Reports
- Property ID: 03211-0031
- Block: 3211
- Lot Number: 31
Listed by All Island Estates Realty Corp
Sold by Non-Member
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Schools
Schools serving 80 St Nicholas Ave
School District:New York City Geographic School District 32
| Name | Grades | Distance |
|---|---|---|
Ps 123 Suydam 100 Irving Avenue, Brooklyn, NY 11237 | PK-5 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 80 St Nicholas Ave
Date
Details
Price
Change
Source
5/16/2023
Sold
$1,150,000
-14.81%
MLS
2/28/2023
Price Reduced
$1,350,000
-2.74%
MLS
2/14/2023
Price Reduced
$1,388,000
-7.47%
MLS
1/12/2023
Price Reduced
$1,500,000
-5.54%
MLS
11/10/2022
Price Reduced
$1,588,000
-5.92%
MLS
10/13/2022
Listed
$1,688,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
80 Saint Nicholas Avenue, Brooklyn, NY 11237 (MLS# L3436910) is a Commercial property that was sold at $1,150,000 on May 16, 2023. Want to learn more about 80 Saint Nicholas Avenue? Do you have questions about finding other Commercial real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

