The Peters Team is representing the owners on an exclusive basis to present the property at 1111 Lafayette Avenue, a 16-unit, fully rent-stabilized multifamily walk-up in the heart of Bushwick.? The building cash-flows today on a stable rent roll of sixteen identical one-bedroom units, with $43,410 of annual loss-to-lease to the registered legal rents — collectable income that requires no change to the stabilization status.? Additional upside sits in the potential to activate the basement for retail or storage, plus a new registered rent on the super's unit (2A).? At a $120,313-per-unit basis, the asset delivers a strong day-one yield three minutes from the J · Z · M at Kosciuszko Street.?