3 Decatur St Unit 1, Brooklyn, NY 11216

Large Mixed-use building - Extra Wide 22' - Corner Building great upside potential. just back on the market. 493 Tompkins Ave - aka 3 Decatur Street Prime Bed Sty neighborhood location Building: 22' X 50'lot: 22' X 70 Nice backyard - with the possibility of creating a curb cut. Currently: 3300sqf plus fully useable basement FAR: 3, total buildable : 4640sqft. Currently set-up as a 3Br apartment on 2nd floor, large 2br unit on the 3rd floor (easily converted to 3br), and ground floor large commercial space with full basement. Excellent condition: all free market Residential Units - potential rent roll - over $170,000/yr. as is NOI:$119,000 - turn-key low taxes: $4,241/yr Total expenses only - $22,000 1st Floor - commercial - Rent: $5,025 with 5% increases each year, pays 1/2 water bill - Lease ends 2028 with 5 year option to renew. 2nd Floor - 3 BR / 1bth with backyard access - current rent - $3300 3rd floor - large 2br...easily converted to 3br - current rent - $3400 Current Rent Roll - $11,725/mo. - NOI $121,000 total projected rent roll ( with slight renovations) - $14,250/mo.