Coldwell Banker Reliable Commercial Division is pleased to offer for sale 5024 10th Avenue Unit M1 in the Borough Park section of Brooklyn. The subject property a professional condo with a total square footage of 1,755 SF offers an excellent opportunity for an owner operator. The unit currently vacant on the lower level is situated as a vanilla box with upgraded electric, a property tax abatement until 2022 and manageable maintenance. Suitable use types include medical, professional and community facility use. The property is within close distance to roads, public transportation and Maimonides Medical Center.


Property Type: Commercial-Other
Property Use: Other Commercial
Year Built: 2007
Max Continuous Area: 1,755
Min Divisible Area: 1,755
Zoning: R6
Cap Rate Percentage: 6.47
Listing ID: EL539T
MLS ID: CBRC5024-1
Additional MLS: 406485
Style: Other Style
Building Size: 1,755 SF
Lot Size: 2,491 SF
Available Date: Dec 28th, 2016
Taxes: $22,392
Area Description

Area Description: Borough Park is a neighborhood in the southwestern part of the borough of Brooklyn, in New York City. The neighborhood covers an extensive grid of streets between Bensonhurst to the south, Bay Ridge to the southwest, Sunset Park to the west, Kensington to the northeast, Flatbush to the east, and Midwood to the southeast.

Region: Borough Park

Region: Brooklyn

Region: NY

Region: USA

Property Features
Location Name: Borough Park
Road Type: City / Town Street
Area Description: Metropolitan
Financials
Gross Income: $75,124
Expenses: $8,665
Additional Media