181 Irving Ave - Storefront Retail/Residential FOR SALE


Brooklyn, NY 11237- Bushwick
$2,879,000 USD
347-450-3577
181 Irving Ave, Brooklyn, NY for Sale
$2,879,000 USD
Storefront Retail/Residential - FOR SALE
1/25
null | 6.1% Cap Rate

181 Irving Ave
Brooklyn, NY 11237
Bushwick


HIGHLIGHTS

  • X-LG 4 Family Brick w/ 2 Stores & Full Basement!
  • Great Income Producing Property! CAP Rate 6.1%
  • FREE MARKET APTS
  • All Apartments are renovated
  • Additional 1,200 sq. ft. buildable. Opportunity for a developer!

OVERVIEW

X-LG 4 Family Brick w/ 2 Stores & Full Basement! Building is in excellent condition and is located in Bushwick’s trendiest section. Just 1 Block to the Dekalb L train station. 1 Stop to the Jefferson L train station. 6 min to the Knickerbocker/Myrtle J, M, Z Trains line. One block to the Wyckoff Heights Hospital (which is affiliated with NYU Hospital). This Property is an Investor’s Dream! Building has an excellent rent roll with quite low expenses. It features: – 4 Apartments (each is 2BR/1BA with Full Living Room, Eat-In Kitchen) – 2 Commercial Stores – FREE MARKET APTS – All Apartments are renovated, new hardwood floors, a contemporary design, pre-war character and charm, bright exterior, very high ceilings, tall windows and so much more! – Quiet building. Very well maintained. – Extra Large building - super rare in Bushwick – Fully Renovated Basement – All apartments have new appliances – Newly fenced large Backyard – Additional 1,200 sq. ft. buildable. Opportunity for a developer! – Neighborhood highlights include: Art galleries, Maria Hernandez Park, trendy nightlife bars, famous restaurants and an organic Farmer’s market on Saturdays. Other features: facade recently was repointed and sealed; new electric and gas lines; new roof done 4 years ago; new plumbing; separate water meters for the stores-left and right; hallways and basement have been totally remodeled; brand new windows throughout entire building; upgraded all bathrooms; brand new appliances; steel staircase to basement. Building: 25 × 65 ft Lot: 25 × 100 ft Zoning: R6 FAR: 1.95; Max FAR: 2.43 Taxes: $13,255/Yr Fantastic Opportunity! Call TODAY for a Full Set Up! Robert Napolitano 917-225-7584 Theo Eastwind 718-536-7787 Capri Jet Realty 718-388-2188 *Disclaimer: All Information provided is deemed reliable but is not guaranteed and should be independently verified.

FOR SALE DETAILS

PRICE

$2,879,000 USD

PRICE/SF

$591 USD /SF

CAP RATE

6.1%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1931

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,500 SF

ZONING

R6, Brooklyn (S4)

APN/PARCEL ID

03259-0003

ASK ABOUT THIS PROPERTY

Robert NapolitanoCapri Jet RealtyMore Info
347-450-3577

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Robert NapolitanoCapri Jet RealtyMore Info
347-450-3577

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