945 Liberty Avenue, City Line

Excellent investment opportunity at 945 Liberty Ave, Brooklyn, NY. This mixed-use property features a vacant commercial unit on the 1st floor (approx. 1,700 sq. ft.) that can be leased for approximately $4,200–$5,000 per month ($30 per sq. ft.), and two residential units, each approximately 900 sq. ft., with 3 bedrooms and 1 full bathroom. Property sits on a 20 x 90 lot. The 2nd and 3rd floor residential units are currently occupied, generating $3,000 and $3,200 per month, respectively, for a total of $6,200 per month in current residential rental income. With the commercial space leased, the property has the potential to generate approximately $10,400–$11,200 per month. The property is equipped with 3 gas meters, 3 hot water tanks, 4 electrical meters, and 2 boilers. Lease Information: 1st Floor – Commercial – Approx. 1,700 sq. ft. – VACANT – Estimated Rent: $4,200–$5,000/month ($30/sq. ft.) 2nd Floor – Residential – Approx. 900 sq. ft. – 3 BR / 1 BA – $3,000/month – NO LEASE 3rd Floor – Residential – Approx. 900 sq. ft. – 3 BR / 1 BA – $3,200/month – NO LEASE 2nd and 3rd Floor will not be delivered vacant