Property Description

SELLER IS LOOKING FOR OFFERS! Welcome to 7222 3rd avenue on residential side and 279 73 street for the commercial space rental. 279 73rd street is currently a doctor's office. Month to Month lease. Rent was reduced during Covid 19 now it is $3,000. Office size is 20x35, it has 3 exam rooms, a bathroom, and a separate office. DO NOT DISTURB THE TENANT. There are 7 total residential apartments on the 7222 3rd avenue side, 4 back of the building apartments are 2 Bedrooms and 3 front of the building apartments are 3 Bedrooms. All units have one full bathroom. DHCR for years 2018-2022 is available by request. All apartment kitchens were updated in the past 5-7 years. 3 Skylights on the RUBBER roof. One skylight was installed just last year. All utilities are in the basement. 3 NEW hot water heaters: 2 for the building and 1 for the commercial office. The building has a super. He is responsible for garbage, sweeping inside the hallways and other light cleaning. The boiler is only 5 years old. All apartments are rent stabilized. Rent roll: 1- 1,531 2- 1,628 3- 1,558 4- 1,350 unsigned 5- 1,071 6- 1,764 7- 1,550 8- Commercial space $3,000, month to month lease. Annual Expenses for 2022: Gas: $6,701.40 Electric bills for common area: $623 Insurance: $7,810 Water and Sewer: $9,347.05 RE Tax: $33,021.20 Gross Rent Roll: $161,424 Total Expenses: $ 57,502.65 2023 Profit and Expenses: Rent in: $162,768 1- $1,531 2- $1,700 3- $1,558 4- $1,350 (Super, discounted rent) 5- $1,071 6- $1,819 7- $1,535 8- $3,000 (dental office) Gas$ 10,084 Electric $546 Insurance: $11,076 Taxes: $33,493 Water and Sewer: $10,173

Commercial Details

• Reference # : 31-05-5
• Country : USA
• Location : Brooklyn
• Area : Bay Ridge
• State : NY
• Zip code : 11209
• Category : Commercial
• Construction : Brick
• Property size : 20X35
• Lot Size :
• Zoning : R6B
• Parking : 2 garage
• Condition : Excellent
• Date on Market : 2024-04-28
• Transportation :
• Near by : Shopping/Transportation/zoo
• Real Estate Tax : $33,493
• Date Listed : 2021-01-24

Features For Commercial

• Commercial Type : Commerical Building
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• Ceiling Height :
• Occupancy :
• Rental Income :