9623 Avenue M

$1,500,000
Other

AGENTS

Rachelle Rosten
Rachelle Rosten
  • Licensed Real Estate Salesperson
  • DRE #: 01255977
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Property Description

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East 90's Canarsie Brooklyn. Totally NEWLY renovated from top to bottom in November 2019 to January 31 2020 LEGAL 3 family & store! Fully detached ALL brick building with full finished basement! 5 room apartment (2 bedroom EACH apartment unit) each 3 family! Plus Beauty salon Store front approx. 600 sq ft (20 ft wide frontage) & Huge FINISHED basement! Lot 30.5 ft x 100 ft & building size 20 ft x 51 ft New roof, siding, boiler & much more! 5 income producing plus billboard sign! Low Real Estate Taxes! Will not last! Cap rate 6% High traffic area & near all buses Next to Minutes to Manhattan express bus, Canarsie pier & more! Start collecting your rent!! Income: 2nd floor Front $ 1,500.00 month (1 bedroom-NO LEASE)2nd floor Back $ 1,500.00 month (1 bedroom-NO LEASE) Storefront: Beauty Salon $ 2,000.00 a month (March 2025) 1st floor Rear $1,700.00 a month (May 2021) Basement- $ 1,000.00 month Storage Billboard sign $ 500.00 =$ 8,200.00 a month = $98,400 yearly income!
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PROPERTY DETAILS

  • Interior
    1,020 Sq Ft.
  • Exterior
    .07 Acres
  • Property Type
    Other
  • MONTHLY REAL ESTATE TAX
    $633
  • Year Built
    1931
  • MLS/Listing ID
    444100
  • Days On Market
    972

BUILDING/PROPERTY DETAILS

  • Brick
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Listing Courtesy of BRP Associates Inc, Jean Paul Ho - 718-713-6888 and Siu Y Shum - (718) 875-8899