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  2. 1045 Rutland Road
  • 1045 Rutland Road
  • $ 1,910,000
1045 Rutland Road East Flatbush Brooklyn NY 11212
1045 Rutland Road East Flatbush Brooklyn NY 11212
1045 Rutland Road East Flatbush Brooklyn NY 11212

1045 Rutland Road

East Flatbush   |   East 95th St & East 96th St

Building For Sale
$ 1,910,000
Ownership Mixed Use
Lot Size 20'x100'
Status Active
Real Estate Taxes [Per Annum] $ 7,386
Building Size 20'x58'
Year Built 1931
ASF/ASM 3,932/365
 

Photos

1045 Rutland Road East Flatbush Brooklyn NY 11212

Maria Castellano

License Licensed As: Maria Castellano

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775
1045 Rutland Road East Flatbush Brooklyn NY 11212

Property Description

Don’t miss this rare opportunity to own a solid income-producing, mixed-use building in one of the busiest commercial corridors of Rutland Road. Featuring a fully leased laundromat with 3 years remaining on a rent-escalating lease, there will be a 2% increase annually for the store rent. The owner of this property pays $5,140 for the annual tax and the store owner pays the rest. Plus two spacious 4-bedroom apartments, this property offers both immediate cash flow and long-term growth potential. With a full basement for added storage, minimal owner expenses, and proximity to major transit lines and top-rated schools, this is the perfect asset to invest, live in, or expand your real estate portfolio.
Don’t miss this rare opportunity to own a solid income-producing, mixed-use building in one of the busiest commercial corridors of Rutland Road. Featuring a fully leased laundromat with 3 years remaining on a rent-escalating lease, there will be a 2% increase annually for the store rent. The owner of this property pays $5,140 for the annual tax and the store owner pays the rest. Plus two spacious 4-bedroom apartments, this property offers both immediate cash flow and long-term growth potential. With a full basement for added storage, minimal owner expenses, and proximity to major transit lines and top-rated schools, this is the perfect asset to invest, live in, or expand your real estate portfolio.

Listing Courtesy of Tiger Realty

Maria Castellano

License Licensed As: Maria Castellano

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775

Care to take a look at this property?

Apartment Features

Exposed Bricks
1045 Rutland Road East Flatbush Brooklyn NY 11212
1045 Rutland Road East Flatbush Brooklyn NY 11212

Building Details [1045 Rutland Road]

Ownership Mixed Use
Block/Lot 4598/53
Building Size 20'x58'
Zoning R6
Year Built 1931
Floors 3
Lot Size 20'x100'

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Maria Castellano

License Licensed As: Maria Castellano

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775
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.
MLSID: 492521