PROSPECT PARK GREENWOOD AVE FORT HAMILTON PKWYE 5TH ST CATON AVE Location Highlights ~10 Minute Walk to Fort Walking Distance to 585-acre Nearby entertainment includes Hamilton Pkwy & Church Prospect Park, Brooklyn’s only Brooklyn Museum, the Children’s Avenue Stations, F & G Lines forest & the Prospect Park Zoo. Museum, & Barclays Center. CONTACT 3013-3015 Fort Hamilton Pkwy Nathan M. Horne, Esq. Maxine Resnick 90 Fifth Avenue, 3rd Floor Lic. Associate RE Broker Lic. Associate RE Broker New York NY 10011 Brooklyn, NY 11218 m. 706.255.5657 m. 917.921.2166 m. 212.913.9058 e. [email protected] e. [email protected] compass.com 3013 | 5 Family | 12 BRs | 1 Retail Space | 5,271 SF 3015 | 5 Family | 11 BRs | 1 Retail Space | 5,233 SF The information contained herein was obtained from sources deemed to be reliable; however Compass makes no guarantees, warranties or representations as to the completeness or accuracy thereof. Any information of special interest should be obtained through independent verification. Investment Overview Compass has been retained on an exclusive basis to arrange for the sale of 3013-3015 Fort Hamilton Parkway, part of the seven-building “Free-Market KWT Portfolio.” These two contiguous brick buildings spread over 43’ of street frontage on one of Windsor Terrace’s favorite retail corridors, and feature over 10,500 SF in total, Operating Statement with ten renovated residential Income $326,266.32 units and two stores. The location Expenses $44,344.46 is well-established, is undergoing NOI $281,921.86 significant appreciation, and is only Sale Price $5,995,000 Cap 4.70% ten minutes from the F/G Lines at the Fort Hamilton Pkwy station or Pro Forma the SW corner of Prospect Park. With Market Rate Retail / SF $55.00 an existing NOI of ~$282k, these Retail SF 1,752 buildings are fully occupied and offer Market Rate Resi / SF $42.00 a stable long-term investment, as well Resi SF 8,752 as immediate upside with rents Pro Forma Income $463,944.00 currently below-market. Feel free to Expenses $44,344.46 reach out for Misc. / Vacancy (3%) $13,918.32 Pro Forma NOI $405,681.22 a setup, pro-forma, or for any Pro Forma Cap 6.77% additional information. 10 2 100% Long-term growth potential as a stable investment in FREE MARKET COMMERCIAL an appreciating yet already-desirable neighborhood. OCCUPANCY RESIDENTIAL UNITS STORE FRONTS Immediate upside potential with retail units. 5 Financial Overview 3013 3015 Operating Statement Operating Statement Block / Lot 5281 / 63 Block / Lot 5281 / 64 Income Annual Per SF Lot Dimensions 21.67’ x 100’ Income Annual Per SF Lot Dimensions 21.67’ x 100’ Income $164,602 $31.22 Gross Lot SF 2,167 Income $161,664 $31.12 Gross Lot SF 2,167 Building SF 5,271 Building SF 4,361 Expense Annual Expense Annual Building Dimensions 21.67’ x 80.5’ Building Dimensions 21.67’ x 80.5’ Taxes (2020-2021) $13,750.29 Taxes (2020-2021) $14,244.17 Stories 3 Stories 3 Gas $0.00 Gas $0.00 Tenants 6 Tenants 6 Electric $1,042.00 Electric $1,025.00 Water $3,205.00 Water $3,200.00 Zoning R5, C1-3 Zoning R5, C1-3 Insurance $3,865.00 Insurance $4,013.00 Residential FAR 1.25 Residential FAR 1.25 Total $21,862.29 Total $22,482.17 Retail SF 880 Retail SF 872 Max Buildable SF 2,709 Max Buildable SF 2,709 NOI $142,740.03 NOI $139,181.83 Rent Roll Rent Roll Tenant Format Monthly Rent Annual Rent Lease Expiration Tenant Format Monthly Rent Annual Rent Lease Expiration Store Front Commercial $2,406.86 $28,882.32 05/01/2021 Store Front Commercial $2,257.00 $27,084.00 M-to-M Apartment 1R 2-Bedroom $2,235.00 $26,820.00 04/30/2021 Apartment 1R 2-Bedroom $2,090.00 $24,600.00 06/30/2021 Apartment 2F 3-Bedroom $2,475.00 $29,700.00 03/31/2021 Apartment 2F 3-Bedroom $2,640.00 $31,680.00 04/30/2021 Apartment 2R 2-Bedroom $1,950.00 $23,400.00 10/31/2021 Apartment 2R 2-Bedroom $1,950.00 $23,400.00 02/28/2021 Apartment 3F 3-Bedroom $2,675.00 $32,100.00 03/31/2022 Apartment 3F 3-Bedroom $2,700.00 $32,400.00 06/30/2021 Apartment 3R 2-Bedroom $1,975.00 $23,700.00 10/31/2020 Apartment 3R 2-Bedroom $1,835.00 $22,020.00 08/31/2020 Total $13,716.86 $164,602.32 Total $13,472.00 $161,664.00 6 Floor Plans 3013 3015 8.
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