660 Utica AVE Active

East Flatbush,NY 11203

$ 2200000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 3510701

Annual Tax Amount $17,802

Lot Size 9,147 Sqft

Property Description

Property is being sold with or without a fully occupied restaurant, which occupies the building measuring 20' x 70'. Monthly rent for only the restaurant is $6,000. The land portion where there is currently an auto dealership will be delivered vacant. Pro Forma rent for land portion is $12,000 per month. Can rent out the land or build to suit. R5 Zoning. C2-2 Overlay. Max FAR 1.25. Owner is willing to subdivide the property. The price of 2.2M is for the land only WITHOUT the restaurant. Price of 3.2M includes the restaurant. Pro Forma fully rented is at a 6% Cap.

Location

State NY

County Brooklyn

Zoning Residential

Building

Lot Description Cleared

Sewer Public Sewer

Water Public

Schools

Elementary Schools Ps 235 Janice Marie Knight School

Middle Schools Middle School For Art And Philosophy

High Schools East Brooklyn Community High School

School District Brooklyn 18

Others

Special Listing Condition None

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