HIGHLIGHTS
- All 6 residential units are free market, giving the next owner complete control over rents in one of Brooklyn’s most active rental markets
- The ground-floor commercial space (1,125 SF) is leased through 2035 at $6,000/month
- The property generates $309,300 in gross annual income with an NOI of $205,834
- All 6 residential units are spacious 3-bedroom/1-bath apartments averaging 660 NSF
- Situated on Broadway, Bushwick’s main commercial corridor, with immediate access to local retail
- Located near the J & M subway lines, providing residents with direct access to Williamsburg and Manhattan in under 25 minutes
FOR SALE DETAILS
PRICE
$3,250,000 USD
PRICE/SF
$435 USD /SF
# OF UNITS
6
PRICE/UNIT
$541,667
CAP RATE
7.08%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
4
YEAR BUILT
1931
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.06 AC
LAND SF
2,821 SF
ZONING
C8-2
APN/PARCEL ID
03135-0007
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914-561-8609
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914-561-8609
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