228, 230, 234, 236 Evergreen Avenue Multi-Family FOR SALE


Brooklyn, NY - Bushwick
$5,500,000 USD
716-604-5763
, Brooklyn, NY for Sale
$5,500,000 USD
Multi-Family - FOR SALE
1/18
null | Request Cap Rate

228, 230, 234, 236 Evergreen Avenue
Brooklyn, NY
Bushwick


HIGHLIGHTS

  • Prime Location: Corner building in Bushwick, bordering Williamsburg.
  • Free Market Asset: (4) contiguous buildings totaling (8) free market residential units.
  • Modern Construction: Built in 2011 with high-quality finishes and modern layouts. | Exempt From Good Cause Eviction
  • Condo Conversion Ready: Ideal opportunity for a seamless condominium conversion.
  • Low Property Taxes: Within Tax Class 1, which is protected from significant tax hikes.
  • Spacious Duplex Units: Large 2- and 4-bedroom layouts, each approximately 1,300 SF, most with multiple bathrooms | Private Outdoor Spaces

OVERVIEW

Matthew Peters & Michael Ettedgui, with The Peters Team at Marcus & Millichap, are pleased to present the Exclusive Listing to four (4) contiguous 2-Family properties located at 228-236 Evergreen Avenue in the Bushwick section of Brooklyn, NY, 11221. Layout: 228 Evergreen: 2 Apartments – (3,600 SF) Unit 1 - 2-bedroom, 1.5-bathroom | Duplex w/ Lower-Level Rec Room (3rd Bedroom), Private Walkout Backyard & In-Unit Washer/Dryer Unit 2 - 4-bedroom, 2-bathroom | Duplex w/ In-Unit Washer/Dryer Private Walk-Up Roof Terrace 230 Evergreen: 2 Apartments – (3,600 SF) Unit 1 - 2-bedroom, 1.5-bathroom | Duplex w/ Lower-Level Rec Room (3rd Bedroom), Private Walkout Backyard & In-Unit Washer/Dryer Unit 2 - 4-bedroom, 2-bathroom | Duplex & In-Unit Washer/Dryer Private Walk-Up Roof Terrace 234 Evergreen: 2 Apartments – (3,472 SF) Unit 1 - 2-bedroom, 1.5-bathroom | Duplex w/ Lower-Level Rec Room (3rd Room) & In-Unit Washer/Dryer Unit 2 - 4-bedroom, 2-bathroom | Duplex w/ Terrace & In-Unit Washer/Dryer Private Walk-Up Roof Terrace 236 Evergreen: 2 Apartments – (3,696 SF) - Corner Building Unit 1 - 2-bedroom, 2-bathroom | Duplex w/ Lower-Level Rec Room (3rd Room), Private Backyard & In-Unit Washer/Dryer Unit 2 - 4-bedroom, 2.5-bathroom | Duplex & In-Unit Washer/Dryer Private Walk-Up Roof Terrace Investment Opportunity: 4 separate tax lots 8 Free Market Apartment Units, Ready to Be Converted Into Condos Constructed in 2011 with Tenants Responsible for Own Utilities Exempt from Good Cause Eviction until 2041 - Buildings were constructed after 2009. Location: Bordering Williamsburg & Bedford-Stuyvesant | Ranked “Hottest” Neighborhoods in the Country Short Walk to the (J | Z | M) Train Lines

ASK ABOUT THIS PROPERTY

Matthew PetersMarcus & MillichapMore Info
716-604-5763

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Matthew PetersMarcus & MillichapMore Info
716-604-5763

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