HIGHLIGHTS
- 25’ x 85' brick 6-family, extremely well located in North Bushwick.
- Three of the six units are renovated, free market (50%), and under-leased, currently averaging $37/SF vs what should be $45-50+/SF.
- This will trade for only $215 per SF and a 7% Cap in place.
- Protected tax class 2A
- Download linked OM which contains current and projected rent rolls.
FOR SALE DETAILS
PRICE
$1,395,000 USD
PRICE/SF
$219 USD /SF
# OF UNITS
6
PRICE/UNIT
$232,500
CAP RATE
7.97%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1931
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.06 AC
LAND SF
2,500 SF
ZONING
R6
APN/PARCEL ID
03171-0055
ASK ABOUT THIS PROPERTY
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914-584-7422
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Please correct the highlighted field(s).
914-584-7422
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