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120-122 Kingsland Ave

2 Properties Offered at £5,170,230 in Brooklyn, NY

Investment Highlights

  • Heavy Daytime Traffic.
  • Corner Lot.

Executive Summary

End user or an investors delight. Warehouse currently a fish wholesaler has a 3 year lease left. Property next door 2-Family house is for sale and can be sold as a package deal, totaling a lot of 75x103. The house can be delivered vacant at closing. Tenants pay all utilities, warehouse pays 50% of the annual tax. Total gross annual income $185,040 Total Lot Size 75x102.75

Property Facts

Price £5,170,230
Price / SF £760.33 / SF
Net Initial Yield 2.85%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 6,800 SF
Total Land Area 0.18 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
122 Kingsland Ave, Brooklyn, NY 11222 Retail 5,000 SF 1920 -
120 Kingsland Ave, Brooklyn, NY 11222 Speciality 1,800 SF 1920 -
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  • Listing ID: 34240756

  • Date on Market: 19/12/2024

  • Last Updated:

  • Address: 120-122 Kingsland Ave, Brooklyn, NY

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