103 Grattan St - Apartments FOR SALE


Brooklyn, NY 11237- East Williamsburg
$2,100,000 USD
917-209-3528
103 Grattan St, Brooklyn, NY for Sale
$2,100,000 USD
Apartments - FOR SALE
1/1
null | Request Cap Rate

103 Grattan St
Brooklyn, NY 11237
East Williamsburg


HIGHLIGHTS

  • Well stabilized asset
  • Great natural light
  • Long established ownership

OVERVIEW

Exceptional Bushwick investment opportunity! 103 Grattan Street is a well-maintained, 3-story, 6-unit multifamily building offering investors stable cash flow with meaningful upside potential. • Total Units: 6 residential • Configuration: 4 rent-stabilized apartments + 2 free market units • Current Gross Rental Income (as of 6/30/25): $13,199.47/month | $158,393.64/year Apartment Breakdown: • Apt 1L (Super Unit): $899.99 | Lease expires 9/30/25 • Apt 1R: $1,952.00 | Lease expires 6/30/27 • Apt 2L (Free Market): $3,500.00 | Lease expires 5/31/26 • Apt 2R: $1,812.92 | Lease expires 1/31/26 • Apt 3L: $1,834.56 | Lease expires 5/31/27 • Apt 3R (Free Market): $3,200.00 | Lease expires 1/31/26 Expenses (Monthly): • Water/Sewer: $433.54 • Fuel: $409.83 • Utilities: $83.17 • Repairs/Maintenance: $253.00 Total Monthly Expenses: $1,179.54 This building combines reliable, long-term rent-stabilized tenants with two free market units that provide strong immediate income and future growth potential. The property is ideally located in the heart of Bushwick, just steps from neighborhood dining, nightlife, art spaces, and transportation. Offering Price: $2,100,000

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$350 USD /SF

# OF UNITS

6

PRICE/UNIT

$350,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

103 Grattan St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Hi-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1931

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,483 SF

ZONING

M1-1

APN/PARCEL ID

03004-0036

ASK ABOUT THIS PROPERTY

Jeffrey BermanBerkshire Hathaway NY PropertiesMore Info
917-209-3528

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Jeffrey BermanBerkshire Hathaway NY PropertiesMore Info
917-209-3528

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.