867 53rd Street 1, Brooklyn, New York, 11220

Introducing this money maker, brand new construction, commercial condo in prime Sunset Park area, 2,199 sqft. It is being rented by existing tenant, and use the premise as a senior center. The first-floor unit is connected with basement. Gross annual income is $186,000. 15 years abatement. Gross property tax for the unit is $1,107.12 a year. Monthly common charge is $891.04. Approximate CAP rate at 6%. Elevator building. Excellent condition. Owner financing is available with 40% down payment and finance at rate of 6%, purchaser could close within 30 days. It is conveniently located. Purchaser will be able to collect rent the same day of the closing.