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.… Read More 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. Read Less
Listing Courtesy of: Elliott J Arkin, Home By Choice LLC
Listing Snapshot
Days Online
199
Last Updated
Property Type
MixedUse
Beds
4
Full Baths
2
Partial Baths
1
Year Built
1900
MLS Number
RLS11028504
30 Days Snapshot Of 11216
$2.46M
+94%
(avg) sold price
4
-42%
homes sold
86
-37%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Entry Level: 0, Living Area Units: SquareFeet, Rooms Total: 10, Structure Type: None
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by Coldwell Banker Warburg. If you have any questions regarding the accuracy of this data, please contact us at [email protected]. Data updated:
Confirm your time
Fill in your details and we will contact you to confirm a time.