Active - Mixed Use for sale
5904 Foster Avenue, Bergen Beach, NY 11234
Facts & features
Why you’ll love it
- Gated
- Corner lot
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 7.44 Cap!!!)
Listed by: Richard Matt Shane • matthewshane8828@gmail.com • All Island Estates Realty Corp
Co-listed by: All Island Estates Realty Corp
Come see by yourself
Affordability
$21,982/mo
- Mortgage$18,456
- Property tax$3,525
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
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About Bergen Beach
AI-generated overview for informational purposes only.
Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
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Air quality
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Disclaimer
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.