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

243 Avenue U, Gravesend, Brooklyn, NY 11223

Prime Brooklyn location ,Corner Avenue U & West 4th Street. Certificate Of Occupancy Commercial Ground store ,basement accessory uses storage, and 2nd story offices. Height in feet 25 feet. Total 14,600 building square feet. Lot area 7940 irregular. Building width 82 feet by 97 feet depth . First time on the Market. The building is in excellent condition. Currently The ground floor tenant is C Town Supermarket paying $ 20,000. per month +heat,water and tenant pays any additional tax above $97,500. Base Real Estate taxes owner responsible for. twenty year lease beginning May 1,2017 Through April 30, 2037. Every five years an increase. The 2nd floor Offices tenant is the MTA and paying $ 10,000. per month plus utilities. Lease until March 31,2020. UNKWOWN if MTA may stay longer at this time ,also with sellers consent. Second floor Perfect location for any type of very large Business , Corporation, franchises, Real Estate management , mortgage company, medical offices, insurance companies, , health fitness centers and many other uses . Annual Gross Income $360,00. Real estate taxes $97,500. + Insurance $ 9,119. Net Operating Income $253,383. Excellent property for investment. Prior to contract buyer, to do due diligence. Subject to errors and omissions.

243 Ave U Brooklyn, NY 11223

Send Request
City: Brooklyn
Total Sq./Ft.: 14600
Block #: 7101
Lot #: 129
Basement Type: Full, Storage
Bldg Size: 82 x 97
Floor: Ceramic, Hardwood, Laminate, Tile
Est. Insurance $ Yr.: $9,119
Lot Size: 82 x 96
Lot Sq./Ft.: 7940
# Stores: 1
Owner Occupied: No
Est. Taxes $ Yr.: $97,500
Zoning: R5B
Property type: Commercial
Neighborhood: Gravesend
Zip: 11223
Request Information
Please Call: 718-376-0606

Listing courtesy of Sav-A-Lot Realty Inc | MLS: 430033
Didn't find a property?
Enter information below to receive automatic updates on the newest properties to hit the market!