Albert Wilk broker of Wilk RealEstate Ltd. New-York and Florida licences
Since 1987
Albert Wilk, Licensed Real Estate Broker in New York & Florida

1199 Sutter Avenue, East New York, Brooklyn, NY 11208

We are 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.

1199 Sutter Ave Brooklyn, NY 11208

$11,500,000
Send Request
City: Brooklyn
Total Sq./Ft.: 20000
Block #: 4248
Lot #: 1
Year Built: 1965
Basement Type: Full
Bldg Size: 20 x 1000
Member Cert: Yes
Lot Size: 40 x 1000
Lot Sq./Ft.: 40000
# Stores: 4
Owner Occupied: No
Est. Taxes $ Yr.: $112,031
Zoning: R5/C1-2
Property type: Commercial
Neighborhood: East New York
Zip: 11208
Request Information
Please Call: 718-376-0606
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Listing courtesy of Coldwell Banker Reliable R.E. | MLS: 427487
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