Price Reduced 15.91%
Price History
$2,200,000
1/7/2025
$1,950,000
2/5/2025
$1,850,000
3/24/2025
1156 Liberty Avenue, New York, (Brooklyn), NY, 11208
1920
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.
Status:
Active
Town:
New York
Type:
Commercial
Heating:
Natural Gas
Cooling:
Central Air
Levels:
3
Parking:
6-car
Acreage:
0.04
Est. Taxes:
$22,628
Construction
Brick, Frame
Utilities
Natural Gas Connected
Days on Market:
76
MLS #:
811323
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of All Island Estates Realty Corp 516-783-5600