FOR SALE

 

 

Morningstar Capital pleased to present these properties for sale! Please contact us for other investment opportunities.

4501 Church Avenue

Brooklyn, NY

$99,942

Net Operating Income

$132,540

Gross Income

4+4

Residential + Commercial Units  

6.25%

Cap Rate

12

Residential Units

Brooklyn, NY

17 Hill Street

$79,357

Net Operating Income

$178,464

Gross Income

5.79%

Cap Rate

This land is located at 71 Cedar Street, Brooklyn NY. 71 Cedar Street is in the Bushwick neighborhood in Brooklyn, NY and in ZIP Code 11221. 

71 Cedar Street

Brooklyn, NY

99 Avenue A

Bayonne, NJ

Building can be expanded by +/- 100,000 square feet.Lab space available as well as an above ground food grade tank farm. Land area includes 18 acres is upland, 17 acres is riparian totaling 35 acres. There are 200 trailer positions and over 150 employee parking spaces. There is a total of 25,000 square feet of office, 12,500 sf on the first floor which includes a conference area along with office space. The second floor with 12,500 sf, includes office space, cafeteria and locker rooms. There is a separate maintenance facility and POWER is 5KV for the building.

Brooklyn, NY

359 East 34th Street 

6

Residential Units

$79,968

Gross Income

$36,997

Net Operating Income

4.85%

Cap Rate

Brooklyn, NY

490 & 500 Herzl Street 

43

Residential Units

$592,416

Gross Income

$336,481

Net Operating Income

5.38%

Cap Rate

1054-1600 Little East Neck Road

West Babylon, NY

4

Commercial Units

$87,960

Gross Income

$62,906

Net Operating Income

7.4%

Cap Rate

11730-1736 & 1738 Sheepshead Bay Road

Brooklyn, NY

4

Commercial Units

$294,096

Gross Income

$225,913

Net Operating Income

5.2%

Cap Rate

SOLD

2714 Avenue D

Brooklyn, NY

24

Commercial Units

$377,124

Gross Income

$221,065

Net Operating Income

5.26%

Cap Rate

2

Commercial Units

Brooklyn, NY

3817 Fort Hamilton Parkway

$67,200

Gross Income

$52,901

Net Operating Income

6.5%

Cap Rate

3 Sutton, 5 Sutton, 661 Meeker, 667 Meeker   

Brooklyn, NY

These four buildings are located in the heart of Greenpoint, an up-and-coming neighborhood, that is following closely in the footsteps of Williamsburg.  With the PPSF and rental in Williamsburg skyrocketing over the last couple years, Greenpoint has become the new Mecca for young professionals and artists with limited income.  As the neighborhood becomes more popular more retail and restaurants move in to cater to the growing population. At ROI of 4.2% and $474/sf this package is an unmatched deal in this fast growing neighborhood.

Brooklyn, NY

The subject property is an 89,500 buildable square foot development site with 200’ feet of frontage located at the corner of4th Avenue and 19th Street in Greenwood Heights. The site will be delivered with DOB approved plans for 91 residential units, 6,300 square feet of retail, 1,400 square feet of community facility space and 5,488 square feet of parking.6 units are currently allocated to affordable housing in order to recognize the approved FAR premium. To qualify for the 80/20 tax abatement an additional 12 units must be allocated to affordable housing. Ideally situated just south of Park Slope, Greenwood Heights shares many of the same amenities while representing its own unique character and sense of community. 

635 4th Avenue 

Brooklyn, NY

37-05 Parsons Boulevard 

39

Commercial Units

$1,217

Average Rent 

392,024

Cap Rate