9623 Avenue M
Canarsie
Ownership
Mixed Use
Lot Size
31'x100'
Status
Active
Real Estate Taxes
[Per Annum]
$ 7,593
Building Size
20'x51'
Year Built
1931
ASF/ASM
2,040/190
Property Description
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 6% 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!
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 6% 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!
Listing Courtesy of BRP Associates Inc
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Apartment Features
Exposed Bricks
Hardwood Floors
Walk-in Closet
Building Details [9623 Avenue M]
Ownership
Mixed Use
Block/Lot
8261/2
Building Size
20'x51'
Zoning
R4-1
Year Built
1931
Lot Size
31'x100'
Mortgage Calculator in [US Dollars]
BNYMLS All information furnished regarding this or any property listed for sale or rent is gathered from sources deemed reliable. Though we have no reason to doubt the accuracy or validity of this information, we make no warranty or representation as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or withdrawal without notice. It is strongly recommended that the prospective purchaser or tenant shall carefully review each item of size, dimensions, real estate taxes, expenses, legal use and any other information presented herein.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
