5904 Foster Avenue, Bergen Beach

$2,888,000

0 Beds
0 Baths
.39 Acres
0 Garages

Calling All Investors, Developers & End-Users!!! 7,200 Sqft. Warehouse With R5 Zoning Situated On A 10,250+ Sqft. Corner Lot For Sale!!! The Building Features Excellent Signage, Great Exposure, Strong R5 Zoning, High 16' Ceilings, 23 Parking Spaces, Private Gated Parking Lot, 3 Phase Power, Sprinklers, Accessible Parking & Bathrooms, 3 Drive-In Doors, Security System, All New LED Lighting, CAC, +++!!! The Building Has A Public Assembly Permit & Is Currently Home To A House Of Worship!!! Neighbors Include Starbucks, Ford, Volkswagen, Mitsubishi, Chase Bank, U-Haul, Public Storage, Target, Staples, Optimum, AutoZone, CVS, 7-Eleven, Dunkin', Pathmark, Key Food, PetSmart, Amoco, BP, Planet Fitness, Enterprise Rent-a-Car, Taco Bell, McDonald's, Subway, Wendy's, Dollar Tree, IHOP, KFC, +++!!! The Property Is Located In The Heart Of Brooklyn Between Kings Hwy. & Flatlands Ave. Minutes From Canarsie Park!!! The Entire Property Can Be Delivered Vacant If Need Be. This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site / Or Home For Your Business!!! Income: Warehouse(7,200 Sqft.): $320,000 Ann. NNN. (Available) Pro Forma Gross Income: $320,000 Ann. Expenses: Gas: $0 Electric: $0 Insurance: $3,283 Ann. Maintenance/ Repairs: $0 Ann. Taxes: $45,301 Ann. Water: $0 Ann. Total Expenses: $48,584 Ann. Gross Income: $320,000 Ann. Net Operating Income (NOI): $271,416 Ann. (Pro Forma 9.4 Cap!!!)

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Essential Information
MLS® #3508745
Price$2,888,000
Bathrooms0.00
Acres0.39
Year Built1959
TypeCommercial Sale
Sub-TypeMixed Use
StatusActive
Community Information
Address5904 Foster Avenue
CityBergen Beach
CountyBrooklyn
StateNY
Zip Code11234
Interior
# of Stories1
Additional Information
Date ListedOctober 4th, 2023
Days on Market215
ZoningR5/M9 Reli
Listing Details
Listing Courtesy ofAll Island Estates Realty Corp
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Listing information last updated on May 6th, 2024 at 6:30am CDT.