Brooklyn, NY 11208,1156 Liberty AVE
Brooklyn, NY 11208,1156 Liberty AVE
Brooklyn, NY 11208,1156 Liberty AVE
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$1,950,000
Est. payment /mo
1,799 Sqft Lot
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UPDATED:

02/05/2025 09:37 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEY811323

Originating Board onekey2

Rental Info No

Year Built 1920

Annual Tax Amount $22,628

Lot Size 1,799 Sqft

Acres 0.0413

Property Sub-Type Mixed Use

Property Description

Calling All Investors, Developers, & End-Users!!! 3 Unit 4,780 Sqft. Mixed-Use Building On Liberty Avenue In Brooklyn For Sale!!! The Property Features Excellent Signage, Great Exposure,, Strong R5/C1-2 Zoning, High 11' Ceilings, 6 Parking Spaces, Separate Meters, 200 Amp Power, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Cypress Hills 2 Blocks From N Conduit Ave. & Minutes From Forest Park Golf Course!!! Neighbors Include Stop & Shop, Key Food, Dunkin', LA Fitness, Mobil, Wendy's, Subway, Checker's, Burger King, Dollar Tree, White Castle, IHOP, +++!!! The Property Has 17' Of Frontage On Busy Liberty Avenue!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site / The Next Home For Your Business!!!



Income:



3rd Floor (Computer/Shipping Company): $36,000 Ann.; Lease Exp.: 2028.



2nd Floor (Hair Salon): $36,000 Ann.; Lease Exp.: 2029.



1st Floor (Clothing Store): $72,000 Ann. Will Be Delivered Vacant.



Pro Forma Gross Income: $144,000 Ann.



Expenses:



Gas: $0 Ann.



Electric: $0 Ann.



Maintenance & Repairs: $250 Ann.



Water & Sewer: $420 Ann.



Insurance: $1,823 Ann.



Taxes: $22,626 Ann.



Total Expenses: $25,119 Ann



Net Operating Income (NOI): $118,881 Ann.

Location

State NY

County Kings (brooklyn)

Interior

Heating Natural Gas

Cooling Central Air

Fireplace No

Exterior

Utilities Available Natural Gas Connected

Total Parking Spaces 6

Building

Story 3

Sewer Other

Water Public

Structure Type Brick,Frame

Others

Special Listing Condition Standard


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Listed by All Island Estates Realty Corp
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The mission of the ASA Real Estate Group is to provide a lifelong, positive impact on our clients, our communities, our team, as well as the other realtors with which we work. We specialize in assisting Buyers and Sellers transact. With our extensive knowledge of the market we help our clients get the best possible price for their home through proactive marketing approach. We guide sellers and buyers through every step of the process and keep them updated their transaction.

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1156 Liberty AVE