Building Details:
• Year Built: 1965
Coldwell Banker Reliable Commercial Division is pleased to offer a 20,000 square foot, 5 unit, NNN property, on 5 combined lots totaling 40,000 square feet with 80,000 buildable square footage (BSF) for sale. Located at 1199 Sutter Avenue, in the East New York section of Brooklyn NY. Zoned R5/C1-2. Actual Financials: $477,966 Gross Revenue / $443,558 Net Income. Tenants pay 85% of property tax. Tenants include a supermarket, beauty supply store, deli and laundromat. Property sits on the border of East New York & Cypress Hills. Easy access to public transportation. Walking distance to the A, C, 3, 4, J & Z trains and B14, Q7 & Q8 buses. Permits filed for two 50 foot buildings at 1451-1453 Sutter highlight the interest and upcoming developments in East New York.
- Available Spaces
| Suite | Space Type | Pricing | Size |
|---|---|---|---|
| --- | For sale: $11,500,000 | ||
| View Details | |||
Request Property Information
Please describe your commercial real estate requirements. We'll create a list of matching properties that meet your criteria.
- Joseph T. Hamdan, agent and Rofo Pro
