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Off market
  • Price Unknown

    2705 Mermaid Ave, Brooklyn, NY 11224

    --beds
    13,940sqft
    MultiFamily
    Built in 1930
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $2,099 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,099/mo

    Zestimate® history
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    What's special

    Great Investment Opportunity! 14,000 sqft store front with three stores 1st store is a Supermarket - 25 x 150, 2nd Store is a Variety Store 30 x 150, and the 3rd store front is a Medical Office 25x 150 ( with extra space 90 x 50 ) . Supermarket has a lease until 2025, current rent $5500 with a $500 annual increase, tenant pays all utilities. Variety Store rent is $3600 with $300 annual increase. Medical Center rent is $8500 with $500 annual increase. Total annual rent is $212,200. Leases are set to expire in 2025. Owner pays all taxes. Tenants are responsible for their own utilities. In addition, 3rd storefront includes an extra 2000 sqft and has access to side street of West 27th Street. Close to all. Owner will consider all serious offers. All offers submitted with mortgage pre-approval and buyer financial profile.

    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.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 1
    • Full bathrooms: 1
    Interior area
    • Total interior livable area: 13,940 sqft

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1930

    Community & HOA

    Location
    • Region: Brooklyn

    Price history

    DateEventPrice
    10/27/2018Listing removed$3,750,000$269/sqft
    Source: Remax Edge Report a problem
    6/21/2018Price change$3,750,000-6%$269/sqft
    Source: Remax Edge Report a problem
    4/25/2018Price change$3,990,000-7.2%$286/sqft
    Source: Remax Edge Report a problem
    2/28/2018Listed for sale$4,299,000$308/sqft
    Source: Remax Edge Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Coney Island

    Nearby schools

    GreatSchools rating