9530 Avenue L

Canarsie   |   East 93rd Street & East 94th Street

Building For Sale
$ 1,200,000
Ownership Mixed Use
Floors/Apts 2/2
Status Active
Real Estate Taxes [Per Annum] $ 6,132
Building Type Low-Rise
Year Built 1931
ASF/ASM 3,200/297
Listing ID: 81225TH

Property Description

OPPORTUNITY KNOCKS! Mixed-Use Corner Building w/ 2 residential units and a spacious commercial unit! Building is in good condition, situated on the corner of Avenue L and E 96th St for ample foot traffic, multiple entrances. Apartment 1 is a 2 Bedroom, 1 Bath ($1,620 / Month-to-Month) and Apartment 2 is a 3 bedroom, 1 Bath ($1,900 / Month-to-Month). Current tenants have resided here for 10 years and 6 years, respectively. Commercial unit under lease, currently a church ($4,160/month through September 2020, increased to $4,275/month through lease end September 2021). FULL FINISHED BASEMENT. Tenants pay all utilities except for water. Taxes: $6,136.72 / Operating Expenses: $14,886 / CAP RATE 5.6% All Information, Including But Not Limited To Taxes, Lot Size, Age Of Property Are Not Guaranteed Nor Verified And Should Be Independently Verified. No Offer Considered Accepted Until Formal Contract Of Sale Has Been Fully Signed By All Parties And Delivered Compensation offered to MLS participants only. No Commission due until title passes.
OPPORTUNITY KNOCKS! Mixed-Use Corner Building w/ 2 residential units and a spacious commercial unit! Building is in good condition, situated on the corner of Avenue L and E 96th St for ample foot traffic, multiple entrances. Apartment 1 is a 2 Bedroom, 1 Bath ($1,620 / Month-to-Month) and Apartment 2 is a 3 bedroom, 1 Bath ($1,900 / Month-to-Month). Current tenants have resided here for 10 years and 6 years, respectively. Commercial unit under lease, currently a church ($4,160/month through September 2020, increased to $4,275/month through lease end September 2021). FULL FINISHED BASEMENT. Tenants pay all utilities except for water. Taxes: $6,136.72 / Operating Expenses: $14,886 / CAP RATE 5.6% All Information, Including But Not Limited To Taxes, Lot Size, Age Of Property Are Not Guaranteed Nor Verified And Should Be Independently Verified. No Offer Considered Accepted Until Formal Contract Of Sale Has Been Fully Signed By All Parties And Delivered Compensation offered to MLS participants only. No Commission due until title passes.

Listing Courtesy of Compass

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Apartment Features

A/C
9530 Avenue L Canarsie Brooklyn NY 11236

Building Details [9530 Avenue L]

Ownership Mixed Use
Service Level None
Access Walk-up
Block/Lot 8260/46
Building Type Low-Rise
Year Built 1931
Floors/Apts 2/2

Mortgage Calculator in [US Dollars]

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Loan Amount

Klara Madlin

License

Licensed Real Estate Broker


This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2021 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
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.