247 Starr St - Apartments FOR SALE


Brooklyn, NY 11237- Bushwick
$4,200,000 USD
917-568-2758
247 Starr St, Brooklyn, NY for Sale
$4,200,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

247 Starr St
Brooklyn, NY 11237
Bushwick


HIGHLIGHTS

  • The property offers a compelling investment opportunity in one of Bushwick’s fastest-growing commercial corridors.
  • The building features nine units anchored by a strong rent roll, including seven loft-style apartments and two well-tenanted commercial spaces.
  • Residents value the authentic Brooklyn aesthetic with hardwood floors, exposed brick walls, and tall ceilings throughout the apartments.
  • The ground-floor cafe and yoga studio contribute to steady income and strong neighborhood foot traffic.
  • The building sits in prime Bushwick directly at the Jefferson L station, providing excellent connectivity and tenant demand.
  • With stable cash flow and long-term appreciation potential, the asset is ideal for investors looking to expand their portfolio in a high-growth submar

OVERVIEW

Description A strong investment opportunity in burgeoning Bushwick! 247 Starr Street presents an excellent opportunity to purchase a 9-unit building on a prime commercial strip in fast-growing Bushwick. Comprised of 7 loft-like apartments, a prime cafe and a commercial Yoga space. The building has a strong rent roll. Tenants love the hardwood floors, exposed brick walls, and tall ceilings. The building is located in prime Bushwick right at the Jefferson L train. If you have been looking to expand your portfolio with a building that will continue to provide cash flow and growth, then look no further than 247 Starr Street. Reach out for more information. NOI $300,416

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$525 USD /SF

# OF UNITS

9

PRICE/UNIT

$466,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1933

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

M1-1

APN/PARCEL ID

03188-0041

ASK ABOUT THIS PROPERTY

Joseph AdagoGrand Town ListingsMore Info
917-568-2758

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Joseph AdagoGrand Town ListingsMore Info
917-568-2758

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