141 greene ave brooklyn 11238...the pratt institute, brooklyn academy of music, and barclays center....
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EXECUTIVE SUMMARY
141 Greene AveProperty information
Block(s)/Lot(s): 03430-0052Zoning District(s): R6BBuilding Class: B1Property Tax Class: 1Year Built: 1910 Current tax bill: $13,003Lot (Sq Ft): 1,200 Lot Dimensions: 20 ft x 60 ftStories: 3 + Full BasementBldg On Lot: 1Bldg (Sq Ft): 3,300 + 1,100 (Basement)
Bldg Dimensions: 20 ft x 55 ft
Residential Units: 2 Commercial Units: 2
Residential FAR: 2
EXECUTIVE SUMMARY
EXPENSES SUMMARYUnit type+Unit Dimensions
Bedrooms+
Bathrooms
Leases
RS 1st fl1100 sqft
4bd+4ba $5500 $66,000 1 year lease
RS 2nd fl1100 sqft
4bd+4ba $5500 $66,000 1 year lease
CM #1350 sqft
2ba $2000 $24,000 10 Years lease
CM #2750 sqft
2ba $5000 $60,000 10 Years lease
Total monthly rent:
---- $18,000 $216,000 ----
$ 13,000
$1500 (CM tenants paying)
$4500
$400
3% ($6,480)
Vacancy2% ($4,320)
$30,200
Price: $3,725,000 Cap rate: 4.99%
EXECUTIVE SUMMARY
Welcome to 141 Greene Ave
A brand new landmark mixed use corner building in one of the best locations in Brooklyn
The building is after Gut renovation from A-Z.
Located between Greene Avenue and Waverly Avenue.
141 Greene Avenue provides the opportunity to acquire a brand new mixed use corner building. The three-story building is 3300 SF set on a 20 ft x 60 ft lot
The building is advantageously situated on one of the most prime blocks in Clinton Hill
3 minutes walk from the G train (Clinton-Washington Avenues Station)
5 minutes walk from the A,C train (Clinton - Washington Av.)
Several major institutions within a short distance of the building include The Fort Greene park, Brooklyn Navy Yard, The Pratt Institute, Brooklyn Academy of Music, and Barclays Center. The property also benefits from its proximity to three major retail corridors: Myrtle Avenue, Dekalb Avenue and Fulton Street, which together are home to a wide array of retailers, including both national chains and local stores and a myriad of bars and restaurants, including some of the most acclaimed restaurants in Brooklyn.
