105 Kings Highway, Brooklyn, New York 11234
Brooklyn Retail 100% Rented Condominiums
Map Content
Location Description
Blocks away from the City line
x
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 |