$2,200,000

For Sale

660 Utica Avenue

New York, NY 11203

0.21 acres | #L3510701

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Type:Purchase

Structure:Land

Zone:Residential

Description

Property is being sold with or without a fully occupied restaurant, which occupies the building measuring 20' x 70'. Monthly rent for only the restaurant is $6,000. The land portion where there is currently an auto dealership will be delivered vacant. Pro Forma rent for land portion is $12,000 per month. Can rent out the land or build to suit. R5 Zoning. C2-2 Overlay. Max FAR 1.25. Owner is willing to subdivide the property. The price of 2.2M is for the land only WITHOUT the restaurant. Price of 3.2M includes the restaurant. Pro Forma fully rented is at a 6% Cap.

Property Details
- - Lot DescriptionCleared
- Measurements
  - Acres0.21
Construction Details
- - Property TypePurchase
- Condition
  - Year Built1956
Utilities / Energy Details
- - Sewer InformationPublic Sewer
  - Utility SourcePublic
Community and Neighborhood Details
- - Middle SchoolMiddle School For Art And Philosophy
  - High SchoolEast Brooklyn Community High School
  - Elementary SchoolPs 235 Janice Marie Knight School
  - CountyKings (Brooklyn)
  - School DistrictBrooklyn 18
  - ZoningResidential
Financial Details
- - Original List Price$2,200,000
  - Taxes Annual$17,802
  - Days on Market (Cumulative)409
Other
- - MLS #L3510701

Location

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Last Updated: Today at 9:15 AM. Source: ONEKEY

Listing Courtesy
Listing Agent: Rene Attias (#KEY196144)
Listing Office: EXP Realty (#KEYEXP05)

Susan Camus | Imagine PropertiesReal Estate Group

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment

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Loan Amount

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Beaches MLS

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My Florida Regional MLS DBA Stellar MLS

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OneKey MLS

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