David E. Cornwell
Licensed Real Estate Salesperson
REALTOR®
Walton, NY
Office: (607) 865-7000 (607) 437-8941

484 E 94th Street, Brooklyn, NY 11212

36 Photos

Property Description

Calling All Investors, Developers & End-Users!!! 11.2 Cap 19 Unit Apartment Building With R6 Zoning In Brooklyn For Sale!!! The Building Features Excellent Signage, Great Exposure, 6 Parking Spaces, High 8' Ceilings, R6 Zoning, (5) 2 Br. Apts., (14) 1 Br. Apts., Basement, Large Rear Yard, 4 Stories, All New LED Lighting, 3 Phase Power, A/C, +++!!! The Property Is Located In The Heart Of Brooklyn Just Off Linden Blvd. & Kings Hwy.!!! Neighbors Include Chase Bank, Citibank, USPS, FedEx, BJ's Wholesale Club, Public Storage, AutoZone, Dunkin', Walgreens, Mavis Discount Tire, Key Food, Dollar Tree, McDonald's, Wendy's, Burger King, Wingstop, Bojangles, Raising Cane's, KFC, +++!!! The Building Has 60 Feet Of Frontage On E 94th Street!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or Be The Next Home For Your Business!!!Income:Unit 1A (1 Br. Apt.): $10,737.84 Ann.; Lease Exp.: 10/31/26.Unit 2A (2 Br. Apt.): $19,105.44 Ann.; Lease Exp.: 10/31/27.Unit 3A (1 Br. Apt.): $13,380.12 Ann.; Lease Exp.: 10/31/26. Unit 4A (2 Br. Apt.): $16,594.32 Ann.; Lease Exp.: 10/31/26.Unit 1B (1 Br. Apt.): $16,454.04 Ann.; Lease Exp.: 5/31/26.Unit 2B (1 Br. Apt.): $19,712.88 Ann.; Lease Exp.: 10/31/26.Unit 3B (2 Br. Apt.): $10,769.40 Ann.; Lease Exp.: 10/31/26. Unit 4B (1 Br. Apt.): $16,333.80 Ann.; Lease Exp.: 10/31/26.Unit 5B: (1 Br. Apt.): $12,986.52 Ann.; Lease Exp.: 5/31/25. Unit 1C (1 Br. Apt.): $15,616.20 Ann.; Lease Exp.: 4/30/27.Unit 2C (1 Br. Apt.): $13,115.52 Ann.; Lease Exp: 10/31/26.Unit 3C (2 Br. Apt.): $14,472.48 Ann.; Lease Exp.: 9/30/26Unit 4C (1 Br. Apt.): $16,530.48 Ann.; Lease Exp.: 10/31/27.Official Rent: $18,794.28 Ann.Unit 5C (1 Br. Apt.): $10,005.48 Ann.; Lease Exp.: 5/31/26.Unit 1D (1 Br. Apt.): $18,774.96 Ann.; Lease Exp.: 10/31/27.Official Rent: $24,246.36 Ann.Unit 2D (1 Br. Apt.): $13,990.44 Ann.; Lease Exp.: 6/30/26.Unit 3D (2 Br. Apt.): $15,121.32 Ann.; Lease Exp.: 6/30/26.Unit 4D (1 Br. Apt.): $11,751.24 Ann.; Lease Exp.: 10/31/26.Unit 5D (1 Br. Apt.): $11,920.08 Ann.; Lease Exp.: 7/31/26.Expenses:Gas: $8,400 Ann.Electric: $3,600 Ann.Insurance: $14,000 Ann. Taxes: $66,610.88 Ann. Total Expenses: $92,610.88 Ann. Gross Income: $277,372.56 Ann. Pro Forma Net Operating Income (NOI): $184,761.68 Ann. (11.2% Cap!!!)

484 E 94th Street | MLS# 1061706

This commercial property located at 484 E 94th Street, Brooklyn, NY 11212 is currently listed for sale with an asking price of $1,650,000. E 94th Street is located within the Contact Agent school district. Search Brooklyn real estate on david-cornwell.timberlandproperties.com today.

Gallery

Property Features

Property Type: Commercial -
Cooling: None
Heating: Natural Gas
Lot Size: 0.14 Acres
Taxes: $66,610
Year Built: 1933

Feature Descriptions

Building Area Total: 14908
Business Type: Commercial, Mixed
Cap Rate: 11
Days on Site: 13
Exterior: Brick, Frame
On Market Date: 2026-10-13
Parcel Number: 04690-0063
Parking Features: Other
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Other
Units: 19
Utilities: Electricity Connected
Water: Public

Local Schools

School District: Contact Agent

Demographics

Listed By / Shown By

Listing By

Agency Name: All Island Estates Realty Corp
Agency Contact: 516-783-5600

Shown By

Agent Name: David E. Cornwell
Agent Phone: (607) 437-8941
Agency Title: Timberland Properties

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