*Mixed-Use (One Residential plus One Commercial)* -An art studio currently occupies the commercial space. -The VACANT residential unit on the second floor is roughly 1000 square feet, currently set up as a two-bedroom apartment. -There is off-street parking/backyard on the building's alternate entrance on Kosciuszko Street. *Zoning/Lot* -C4-4L, EC-4 (Equivalent to R7) -19.5 x 73.5 Lot (1630 sqft.) *Annual Expenses* -Taxes - $1,500 -Fuel/Heat - $7,100 -Electric (Common) - $2,500 -Water/Sewer - $2000 (Estimate) -Insurance - $2,000 (Estimate) Total Annual Expenses - $15,100 *Potential Income* Residential Unit - $2,600/month Commercial - $3,900/month (existing rent) Potential Gross Income - $78,000 annually. Cap Rate - 5.7% Simply adding bedrooms to the residential unit allows for a quick value-add potential. *1134 Broadway can be sold with 911 Dekalb Avenue for $2,650,000. Please inquire about the set-ups for both buildings.*
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
