1807 Kings Highway
Midwood | E 18 St & E 19 St
Ownership
Mixed Use
Lot Size
16'x68'
Status
Active
Real Estate Taxes
[Per Annum]
$ 16,902
Building Size
15'x56'
Year Built
1925
ASF/ASM
1,680/156
Property Description
Commercial building. Two commercial stores on 2 floors.
Property for sale in a prime area of Midwood. Most desirable commercial heavy traffic area.
Two tenants: 2nf floor tenant pays $2,390mth & 1st floor tenant pays $5,464mth. Monthly total income: $7,854mth.
Yearly income: $94,248. $16,902 yr taxes. The tenant have 3% rent increase every year. First floor tenant has 4 years lease left. The 2nd floor tenant has 2 years left on the lease.
Commercial building. Two commercial stores on 2 floors.
Property for sale in a prime area of Midwood. Most desirable commercial heavy traffic area.
Two tenants: 2nf floor tenant pays $2,390mth & 1st floor tenant pays $5,464mth. Monthly total income: $7,854mth.
Yearly income: $94,248. $16,902 yr taxes. The tenant have 3% rent increase every year. First floor tenant has 4 years lease left. The 2nd floor tenant has 2 years left on the lease.
Listing Courtesy of Superior Realty Service
Care to take a look at this property?
Apartment Features
Exposed Bricks
Hardwood Floors
Building Details [1807 Kings Highway]
Ownership
Mixed Use
Block/Lot
6781/73
Building Size
15'x56'
Zoning
R7A
Year Built
1925
Floors
2
Lot Size
16'x68'
Mortgage Calculator in [US Dollars]
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: 494939