1057 Jefferson Ave - Apartments FOR SALE


Brooklyn, NY 11221- Bushwick
$2,350,000 USD
646-373-7944
1057 Jefferson Ave, Brooklyn, NY for Sale
$2,350,000 USD
Apartments - FOR SALE
1/14
null | 5.36% Cap Rate

1057 Jefferson Ave
Brooklyn, NY 11221
Bushwick


HIGHLIGHTS

  • Free Market
  • Private Backyard
  • Owner Duplex

OVERVIEW

Free-market three-family investment property Built in 1915 and subsequently gut renovated Three spacious 3-bedroom apartments First-floor duplex features three bathrooms Second- and third-floor apartments each feature two bathrooms First-floor duplex delivered vacant with an exclusive private backyard—an exceptional owner-user opportunity High ceilings throughout Washer and dryer in every apartment Approximately 3,000 SF building on a 20' × 100' lot Full basement Expansive private backyard Original decorative fireplace Located within a designated Opportunity Zone Strong in-place cash flow with additional rental upside Actual Gross Income: $137,820 R6 zoning with approximately 1,400 SF of additional buildable area Potential Gross Income: $152,808.00 Actual NOI: $125,882.00 Potential NOI: $140,870.05 Low annual property taxes of approximately $3,431.92 Prime Bushwick location near the L train, shopping, dining, and neighborhood amenities Owner-User Opportunity: Based on a 6.25% mortgage rate, approximately $7,435/month in rental income helps offset your monthly mortgage payment.

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$783 USD /SF

# OF UNITS

3

PRICE/UNIT

$783,333

CAP RATE

5.36%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1915

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

R6

APN/PARCEL ID

03380-0047

ASK ABOUT THIS PROPERTY

Daniel BarcelowskyEvergreen Realty & InvestmentsMore Info
646-373-7944

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

Daniel BarcelowskyEvergreen Realty & InvestmentsMore Info
646-373-7944

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