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

DescriptionNo. UnitsAvg. 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

TenantSF OccupiedLease Expired