property summary - images1.loopnet.com€¦ · 1 3 bed 2 bath $2,000 $24,000 n cold water included...

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Property Summary *Information submitted herein was received from sources deemed to be reliable. It is subject to errors, omissions, prior sale, and withdrawal from market without notice. 15 year young brick 3 family situated in highly sought-after area just minutes walk to shops and J train on Broadway. This 3 story property features 3 bedroom 2 baths on every level, perfect for owner/user or investment. Each unit comes complete with granite counter kitchen, spacious layouts and separate boilers. Large backyard perfect for BBQs and entertainment! SUPER LOW PROPERTY TAX WITH A 25 YEAR TAX ABATEMENT UNTIL 2031!!! Property Information Address 1111 Greene Ave, Brooklyn, NY 11221 Type Multi-Family Units 3 Residential Stories 3 Stories Lot Area 2000 SF Lot Dimensions 20x100 Building Area 3,300 SF Building Dimensions 20x45 Zoning R6 FAR 2.43 Annual Tax $589 (2019) Asking Price $1,799,000 Jimmy Wai-Fan Lu Licensed Associate Real Estate Broker C: 347-400-5300 | E: [email protected] Sameo Hao Lin Licensed Real Estate Salesperson C: 347-667-6314 | E: [email protected]

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Page 1: Property Summary - images1.loopnet.com€¦ · 1 3 Bed 2 Bath $2,000 $24,000 N Cold water included only, separate water tank and boiler. 2 3 Bed 2 Bath $2,000 $24,000 N Cold water

Property Summary

*Information submitted herein was received from sources deemed to be reliable. It is subject to errors, omissions, prior sale, and withdrawal from market without notice.

15 year young brick 3 family situated in highly sought-after area just

minutes walk to shops and J train on Broadway. This 3 story property

features 3 bedroom 2 baths on every level, perfect for owner/user or

investment. Each unit comes complete with granite counter kitchen,

spacious layouts and separate boilers. Large backyard perfect for BBQs

and entertainment! SUPER LOW PROPERTY TAX WITH A 25 YEAR TAX

ABATEMENT UNTIL 2031!!!

Property Information

Address 1111 Greene Ave, Brooklyn, NY 11221

Type Multi-Family

Units 3 Residential

Stories 3 Stories

Lot Area 2000 SF

Lot Dimensions 20x100

Building Area 3,300 SF

Building Dimensions 20x45

Zoning R6

FAR 2.43

Annual Tax $589 (2019)

Asking Price

$1,799,000

Jimmy Wai-Fan Lu Licensed Associate Real Estate Broker

C: 347-400-5300 | E: [email protected]

Sameo Hao Lin Licensed Real Estate Salesperson

C: 347-667-6314 | E: [email protected]

Page 2: Property Summary - images1.loopnet.com€¦ · 1 3 Bed 2 Bath $2,000 $24,000 N Cold water included only, separate water tank and boiler. 2 3 Bed 2 Bath $2,000 $24,000 N Cold water

Rent Schedule

*Information submitted herein was received from sources deemed to be reliable. It is subject to errors, omissions, prior sale, and withdrawal from market without notice.

1 3 Bed 2 Bath $2,000 $24,000 N Cold water included only, separate water tank and boiler.

2 3 Bed 2 Bath $2,000 $24,000 N Cold water included only, separate water tank and boiler.

3 3 Bed 2 Bath $2,000 $24,000 N Cold water included only, separate water tank and boiler.

Unit Type Monthly Rent Annual Rent Lease Remarks

Expenses

Real Estate Taxes $589 (2019)

Insurance $1,800

Water & Sewage $2,800

Fuel (Gas) n/a

Electric n/a

Annual Gross Income Current: $72,000| Projected: : $109,200

Total Expenses $5,189/Annually

Net Operating Income Current: $66,810 | Projected: $104.010

Page 3: Property Summary - images1.loopnet.com€¦ · 1 3 Bed 2 Bath $2,000 $24,000 N Cold water included only, separate water tank and boiler. 2 3 Bed 2 Bath $2,000 $24,000 N Cold water

Exterior

*Information submitted herein was received from sources deemed to be reliable. It is subject to errors, omissions, prior sale, and withdrawal from market without notice.

Page 4: Property Summary - images1.loopnet.com€¦ · 1 3 Bed 2 Bath $2,000 $24,000 N Cold water included only, separate water tank and boiler. 2 3 Bed 2 Bath $2,000 $24,000 N Cold water

Interior

*Information submitted herein was received from sources deemed to be reliable. It is subject to errors, omissions, prior sale, and withdrawal from market without notice.

Page 5: Property Summary - images1.loopnet.com€¦ · 1 3 Bed 2 Bath $2,000 $24,000 N Cold water included only, separate water tank and boiler. 2 3 Bed 2 Bath $2,000 $24,000 N Cold water

Interior

*Information submitted herein was received from sources deemed to be reliable. It is subject to errors, omissions, prior sale, and withdrawal from market without notice.

Page 6: Property Summary - images1.loopnet.com€¦ · 1 3 Bed 2 Bath $2,000 $24,000 N Cold water included only, separate water tank and boiler. 2 3 Bed 2 Bath $2,000 $24,000 N Cold water

Floor Plan

*Information submitted herein was received from sources deemed to be reliable. It is subject to errors, omissions, prior sale, and withdrawal from market without notice.