9623 Avenue M, Brooklyn, NY 11236

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$1,500,000 List Price
Off Market
 
Listing ID 10943297
Property Type Multi-Unit (2-4)
County Kings
Township Kings
Neighborhood Canarsie
Total Tax $7,593
FEMA Flood Map fema.gov/portal
Year Built 1931
Virtual Tour

Canarsie 3 family & store market income 7% cap rate MOVE IN

East 90's Canarsie Brooklyn. Totally NEWLY renovated from top to bottom in November 2019 to January 31 2020 LEGAL 3 family & store! Fully detached ALL brick building with full finished basement! 5 room apartment (2 bedroom EACH apartment unit) each 3 family! Plus Beauty salon Store front approx. 600 sq ft (20 ft wide frontage) & Huge FINISHED basement! Lot 30.5 ft x 100 ft & building size 20 ft x 51 ft New roof, siding, boiler & much more! 5 income producing plus billboard sign! Low Real Estate Taxes! Will not last! Cap rate 7% High traffic area & near all buses -Next to Minutes to Manhattan express bus, Canarsie pier & more! Start collecting your rent!! Income: 2nd floor Front $ 1,500.00 month (1 bedroom-NO LEASE)2nd floor Back $ 1,500.00 month (1 bedroom-NO LEASE) Storefront: Beauty Salon $ 2,000.00 a month (March 2025) 1st floor Rear $1,700.00 a month (May 2021) Basement- $ 1,000.00 month Storage Billboard sign $ 500.00 =$ 8,200.00 a month = $98,400 yearly income!
Property Details
  • 4 Total Bedrooms
  • 4 Full Baths
  • 1 Half Bath
  • 3100 SF Lot
  • Built in 1931
  • Renovated 2019
  • 2 Stories
  • Available 10/03/2020
  • Two Story Style
  • Full Basement
  • 1020 Lower Level SF
  • Lower Level: Finished, Walk Out
  • 1 Lower Level Bathroom
  • Renovation: Totally renovated entire building , roof, boiler, electric, bathroom,, kitchen in 2019
Unit Information
Unit #1 – Gross Area: 700, Rent Price: 1700, Bedrooms: 2, Full Baths: 1, Occupied
Unit #2 – Gross Area: 400, Rent Price: 2000, Half Baths: 1, Occupied
Unit #3 – Gross Area: 500, Rent Price: 1500, Bedrooms: 1, Full Baths: 1, Occupied
Unit #4 – Gross Area: 500, Rent Price: 1500, Bedrooms: 1, Full Baths: 1, Occupied
Unit #5 – Gross Area: 1020, Full Baths: 1
Interior Features
  • Open Kitchen
  • Laminate Kitchen Counter
  • Oven/Range
  • Refrigerator
  • Hardwood Flooring
  • Laminate Flooring
  • 23 Rooms
  • Living Room
  • Dining Room
  • Primary Bedroom
  • Kitchen
  • Heat Pump
  • Natural Gas Avail
  • Wall/Window A/C
Exterior Features
  • Masonry - Brick Construction
  • Brick Siding
  • Rubber Roof
  • Tar Roof
  • Has Garage
  • Municipal Water
  • Municipal Sewer
  • Fence
  • Near Bus
  • Near Train
Community Details
  • Walk-up (Bldg. Style)
  • Laundry in Building
  • Pets Allowed
Taxes and Fees
  • $7,593 Total Tax
  • Tax Year 7593
Previously Listed By
BROOKLYN REAL PROPERTY INC
Office: 718-875-8899
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