Asking
$1,775,000
BTC
20.084
ETH
594.56
Beds
4
Baths
3
Home Size
3,300 sq. ft.
Year Built
1900
Large Mixed-use building - Extra Wide - Corner Building great upside potential.
CONTRACT FELL THROUGH!!!!....just back on the market.
493 Tompkins Ave - aka 3 Decatur Street
Prime Bed Sty neighborhood location
Building: 22' X 50'lot: 22' X 70
Nice backyard - with the possibility of creating a curb cut.
Currently: 3300sqf plus fully useable basementFAR: 3, total buildable : 4640sqft.
Currently set-up as a 3Br apartment on 2nd floor, large 2br unit on the 3rd floor (easily converted to 3br), and ground floor large commercial space with full basement.
Excellent condition:all free marketResidential Units will be delivered vacant - potential rent roll - over $160,000/yr.
as is NOI:$120,000
low taxes: $4,241/yr
Total expenses - $22,000
1st Floor - commercial - Rent: $5,025 with 5% increases each year, pays 1/2 water bill - Lease ends 2028
2nd Floor - 3 BR / 1bth with backyard access - month to month - can be delivered vacant.
3rd floor - large 2br...easily converted to 3br - currently vacant - can be rented for $3500/mo.
total projected rent roll - $12,025/mo.
CONTRACT FELL THROUGH!!!!....just back on the market.
493 Tompkins Ave - aka 3 Decatur Street
Prime Bed Sty neighborhood location
Building: 22' X 50'lot: 22' X 70
Nice backyard - with the possibility of creating a curb cut.
Currently: 3300sqf plus fully useable basementFAR: 3, total buildable : 4640sqft.
Currently set-up as a 3Br apartment on 2nd floor, large 2br unit on the 3rd floor (easily converted to 3br), and ground floor large commercial space with full basement.
Excellent condition:all free marketResidential Units will be delivered vacant - potential rent roll - over $160,000/yr.
as is NOI:$120,000
low taxes: $4,241/yr
Total expenses - $22,000
1st Floor - commercial - Rent: $5,025 with 5% increases each year, pays 1/2 water bill - Lease ends 2028
2nd Floor - 3 BR / 1bth with backyard access - month to month - can be delivered vacant.
3rd floor - large 2br...easily converted to 3br - currently vacant - can be rented for $3500/mo.
total projected rent roll - $12,025/mo.
LOADING