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This Retail Property is no longer advertised on LoopNet.co.uk.

622 Chester St
Brooklyn, NY 11212

Mixed use · Retail Property For Sale

Investment Highlights

  • Stable income producer property
  • All Brick corner building
  • Great location and traffic

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,800 SF
Building Class
C
Year Built
1930
Tenancy
Multiple
Number of Floors
2
Building FAR
1.45
Lot Size
0.06 AC
Zoning
R6
Frontage
25 ft on Chester Street

Amenities

  • 24 Hour Access

About 622 Chester St , Brooklyn, NY 11212

REAL STREET has been hired to exclusively represent this mixed use income producing multi family in a up and coming Brownsville in Brooklyn, NY. The subject property is located on a busy corner with approx. 100' of exposure and is fully leased out. The building is entirely FREE Market and consists of 3 stores and 4 apartments. The entire building has been updated with NEW MECHANICALS & SEPARATELY METERED Gross Rental Income: $182,844.00 Annual Expenses: $13,600.00 NOI: $169,244.00 CAP RATE - 7.6% !!!! All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, change of concessions, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03624-0001
Land Assessment
£45,084
Improvements Assessment
£81,873
Total Assessment
£126,958
  • Listing ID: 21458771

  • Date on Market: 09/11/2020

  • Last Updated:

  • Address: 622 Chester St, Brooklyn, NY 11212

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