718-249-6514

332 Foster Avenue
Brooklyn, NY 11230

Commercial
  • 1,280sq ft
$68,000
Est. P&I payment: $259.71/mo
332 Foster Avenue, Brooklyn, NY 11230
  • 332 Foster Avenue, Brooklyn, NY 11230 Photo 1
  • 332 Foster Avenue, Brooklyn, NY 11230 Photo 2
  • 332 Foster Avenue, Brooklyn, NY 11230 Photo 3
  • 332 Foster Avenue, Brooklyn, NY 11230 Photo 4
  • 332 Foster Avenue, Brooklyn, NY 11230 Photo 5
  • 332 Foster Avenue, Brooklyn, NY 11230 Photo 6
  • 332 Foster Avenue, Brooklyn, NY 11230 Photo 7
  • 332 Foster Avenue, Brooklyn, NY 11230 Photo 8
  • 332 Foster Avenue, Brooklyn, NY 11230 Photo 9
  • 332 Foster Avenue, Brooklyn, NY 11230 Photo 10
  • 332 Foster Avenue, Brooklyn, NY 11230 Photo 11
Share  
Description for 332 Foster Avenue, Brooklyn, NY 11230
This is first time for sale Grocery & Deli in a very desirable neighborhood (Midwood) the asking price is $68,000 dollars with a 10 years lease possible option to renew for more years to be agreed with the sellers, the rent is $2,700 dollars per month ,per year $32,400 and it will have a increase of 3% per year after the 3rd year .the store income per year is approximately $188,000 per year ,expenses Salary 38,000 per year electricity 3,500 per year Water 25% of the owner bill,No gas no heat it is included,the store has been in business for long time ,they have a lot of costumers ,the store can be improved a lot ,needs some painting and a little improvement ,like painting and some modernization ,what great this store as access to the back yard ,for more space ,and a large clean Basement,This store is Near schools and a lot of offices,please do not miss this one what a great potential for the right people .
Tour This Property In Person
Request a Showing
 

My Notes for MLS #410913

General Features

  • Current Use: Other
  • Number Of Stores: 1
  • Owner Occupied: Yes
  • Potential Use: Retail
  • Property Sub Type: Business Only
  • Property Type: Commercial
  • Status: Active
  • Unit Count: 2
  • Zoning: R5

Utility Features

  • AC Units: 1
  • Equipment Included: Refrigerated Deli counter,​ also 6 stand up refrigerators ,​one cash register one counter,​ central shelving ,​wall shelving for food and groceries ,​ compressors are located in basement ,​and news shelves,​
  • Utility Expense: 3,500

Financial Features

  • Assessment Fee End Date: 0000-00-00 00:00:00
  • Financing: Cash
  • Gross Income: 1,350
  • Gross Lease: 32,400
  • Insurance Expense: 1,300
  • Miscellaneous Expense: 500
  • Payroll Annual Expenses: 30,000
  • Tax Abatement End Date: 0000-00-00 00:00:00
  • Tenant Lease End Date: 0000-00-00 00:00:00
  • Transaction Type: Sale
  • Years Remaining On Lease: 10

Interior Features

  • Basement Amenities: Storage
  • Ceiling Height: 11-15 Foot
  • Commercial Features Interior: Fire - Smoke Alarm,​Window Display
  • Lavatories: 1
  • Sq Ft Total: 1,280
  • Walls: Sheet Rock

Miscellaneous Features

  • Date Available: 0000-00-00 00:00:00
  • Sale Type: Arm's Length

Community Features

  • Borough: Brooklyn
  • City: Brooklyn
  • County Or Parish: Kings (Brooklyn)
  • Cross Street Name: east 3 and east 5 steet
  • MLS Area Major: Midwood

Exterior Features

  • Building Type: Attached
  • Commercial Features Exterior: Sign - Building
  • Construction Materials: Brick
  • Foundation Details: Poured Concrete
  • Loading Docks: None
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Lot Sq Ft: 2,000
  • Roof: Asphalt/Tar

Location

 
Street View Not Available
The listing information for 332 Foster Avenue, Brooklyn, NY 11230 was graciously provided by our friends at the listing brokerage, Fillmore R.E. - 6416 Bay Pkwy

Get Financing for 332 Foster Avenue, Brooklyn, NY 11230

($ or %)
%
P&I Payment $259.71
Request More Listing Information
Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Realty Green Light's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Realty Green Light, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 08/22/2017 at 8:26am
Agent Login    |    Powered by Onjax
Create Free Account or
Ophelia Ramsaran
I agree to the Terms of Use
Keep me updated about interest rates and market information by our trusted local lending partner.
Equal Housing Opportunity Realtor MLS
Sign-In or