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Dumont Ave Free-Market package

2 Residential Properties Offered at £2,632,410 in Brooklyn, NY

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Investment Highlights

ALL FREE MARKET
MIXED-USE

VERY LOW TAX
SECTION 8 RENT ROLL

Executive Summary

huge fire in one of the properties needs gut rehap with permits
other property is fully occupied with non-paying tenants on expired vouchers
building odes have low taxes.
being sold as is

Taxes & Operating Expenses (Actual - 2023)	Annual
Gross Rental Income	£159,540
Other Income	-
Vacancy Loss	-
Effective Gross Income	£159,540
Taxes	£12,321
Operating Expenses	£41,795
Total Expenses	£54,116
Net Operating Income	£105,424

Taxes & Operating Expenses (Actual - 2023)

Gross Rental Income
Annual	£159,540

Other Income
Annual	-

Vacancy Loss
Annual	-

Effective Gross Income
Annual	£159,540

Taxes
Annual	£12,321

Operating Expenses
Annual	£41,795

Total Expenses
Annual	£54,116

Net Operating Income
Annual	£105,424

Property Facts

Price	£2,632,410	Status	Active
Price / SF	£219.37 / SF	Number of Properties	2
Sale Conditions	Portfolio Sale	Individually For Sale	0
Net Initial Yield	4%	Total Building Size	12,000 SF
Sale Type	Investment	Total Land Area	0.10 AC

Price	£2,632,410
Price / SF	£219.37 / SF
Sale Conditions	Portfolio Sale
Net Initial Yield	4%
Sale Type	Investment
Status	Active
Number of Properties	2
Individually For Sale	0
Total Building Size	12,000 SF
Total Land Area	0.10 AC