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5011 Snyder Ave
Brooklyn, NY 11203
Retail Property For Sale

EXECUTIVE SUMMARY
A 20’ wide one-unit two story mixed-use building. The property has a store on the ground floor, the second floor is a two bedroom apartment.
The unit has a full kitchen and bathroom along with a living/dining area.
The property is individually metered for gas & electric. The meters are in the basement along with the gas boiler and water heater.
The property is a prime investment opportunity, the store can be rented at full market rent to a beauty salon, grocery store or for any retail use. The second floor can also be converted into commercial and rented as office space or any retail use. The two-bedroom apartment can easily be rented from $2,300 to $2,500. The unit can also be converted into a three-bedroom apartment to get more income. An investor can give each unit its own boiler and water heater.
The building is also a great user opportunity, a user can have a business on the ground floor and live in the two-bedroom apartment above.
The property is located on a nice residential block off Utica Avenue.
The B46 bus is one block away on Tilden & Utica Avenue. This gives easy access to Eastern Parkway which has the 2, 3, 4 & 5 trains
The unit has a full kitchen and bathroom along with a living/dining area.
The property is individually metered for gas & electric. The meters are in the basement along with the gas boiler and water heater.
The property is a prime investment opportunity, the store can be rented at full market rent to a beauty salon, grocery store or for any retail use. The second floor can also be converted into commercial and rented as office space or any retail use. The two-bedroom apartment can easily be rented from $2,300 to $2,500. The unit can also be converted into a three-bedroom apartment to get more income. An investor can give each unit its own boiler and water heater.
The building is also a great user opportunity, a user can have a business on the ground floor and live in the two-bedroom apartment above.
The property is located on a nice residential block off Utica Avenue.
The B46 bus is one block away on Tilden & Utica Avenue. This gives easy access to Eastern Parkway which has the 2, 3, 4 & 5 trains
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,520 SF
Building Class
C
Year Built
1931
Price
$1,584,470 CAD
Price Per SF
$1,042.41 CAD
Cap Rate
4.28%
NOI
$67,766 CAD
Percent Leased
100%
Building Height
2 Stories
Building FAR
1.75
Lot Size
0.02 AC
Zoning
R5
Frontage
20’ on Snyder Ave
PROPERTY TAXES
| Parcel Number | 04698-0041 | Improvements Assessment | $46,958 CAD |
| Land Assessment | $12,707 CAD | Total Assessment | $59,666 CAD |
PROPERTY TAXES
Parcel Number
04698-0041
Land Assessment
$12,707 CAD
Improvements Assessment
$46,958 CAD
Total Assessment
$59,666 CAD
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