Mixed Use Property Available For Sale: 191 Bond Street/429 Warren Street
Three story plus cellar, Block 393/Lot 69, building on lot 23 ft. x 60 ft., two apts. over store 23 ft. x 40 ft., plus two-car garage with roof deck. Fully occupied, tenants pay own heat/hot water. Apartment leases expired June 2007; store expires August 31, 2008.
Tax Class 1, taxes $3,000 per year. No known violations. Owned free and clear. This property cannot be enlarged vertically as it is at zoning maximum.
Building believed to be in mechanically-sound condition. New roof 2006, 200-ampere- electric service, legal curb cut. When vacant, store could probably be extended into the current garage.
Price: $1,500,000. Terms: All cash or owners will finance for period of 5 years from closing with 25% ($375,000) down, balance at 8% interest amortized as buyer selects at 15, 20, 25 or 30 years, balloon payment 5 years.
For more info or to make an appointment call us at 718-875-5650 or Email us at rpltd@verizon.net
11/28/07