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1193 Rogers Avenue, Brooklyn, New York, 11226

$3,500,000

0

Beds

Bathrooms

8,250

Building Sqft

0.06

Acres

2,750

Lot Sqft

About 1193 Rogers Avenue

Brooklyn Rogers Avenue & Avenue D PRIME Investment well maintained 3 Story Corner SOLID BRICK Semi Attached FULLY VACANT 10 Family & 2 store -STABILIZED & VACANT! Full basement! Featuring Vacant SEVEN 1 bedroom and THREE 2 bedrooms with living room & EIK! 2 Vacant Store approx. 1,300 sq ft each! New gas boiler! Building size 26.83 ft x 102.5 ft built on footprint. Qualified for Opportunity Zone! Projected Conservatively Projected monthly rent One bed- $ 2,000 a month Two bed $ 2,300 & Each Store $ 3,000 – High traffic & exposure warp around signage & Projected Gross annual income $ 322,800.00 Projected Gross Annual Expense $ 29,325.00 NET Projected Annual income $ 29,3475 = 8% Projected CAP Rate R6 Zoning. Great upside potential for long term or savvy investor- or developers to convert to Full market Condominium (Condo selling for $ 845.00 per sq ft today) or rent out for Affordable Housing! Don’t MISS out!! Sold As Is – Great Location- a few moments away from Train, Shopping, Restaurant, bus stop in front and more! High traffic and foot traffic!

Features of 1193 Rogers Avenue

MLS® #
482274
Acres
0.06
Type
Mixed Use
Price
$3,500,000
Square Footage
8,250
Year Built
1910
Sub-Type
Mixed Use

Community Information

Address
1193 Rogers Avenue
City
Brooklyn
County
Kings (Brooklyn)
State
New York
Zip Code
11226

Listing Information

Agent Name
Jean P Ho
Agent Office
Brooklyn Real Property Inc.

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(718) 987-7900