105 Kings Highway, Brooklyn, New York 11234
Brooklyn Retail 100% Rented Condominiums


Map Content
Location Description
Blocks away from the City line
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Property Description
Two Ground Floor Retail Condominium Units consisting of a Medical Radiology Office Tenant and the Gold Material Montessori School/Child Day Care Tenant containing a total of 8,499 Square Feet. Building Constructed in 2003.
Property Details
Price: | 4199999 |
No. Units: | 2 |
Building Size: | 1 SF |
Price/Unit: | $108,333.33 |
Property Type: | Retail-Commercial |
Property Sub-type: | Retail-Commercial (Other) |
Property Use Type: | Investment |
Cap Rate: | 5.1% |
Gross Rent Multiplier: | 18 |
Occupancy: | 100% |
No. Stories: | |
Year Built: | |
Lot Size: | 1 SF |
Units
Unit Mix
Description | No. Units | Avg. Mo. Rent |
Medical Facility | $3156 | |
Day Care | $5293 | |
Financial Summary
Scheduled Gross Income | $226212 |
Effective Gross Income | $226212 |
Operating Expenses | $13299 |
Net Operating Income | $212913 |
Debt & Equity Information
Major Tenants
Tenant | SF Occupied | Lease Expired |