$2,950,000
bedrooms
0
bathrooms
0
square feet
6,200
Acreage
-
Open Houses
-
year built
1931
Full Baths
0
Half Baths
0
Calling All Investors, Developers & End-Users!!! 100% Occupied 8 Unit Apartment Building In Bushwick For Sale!!! The Building Features Excellent Signage, Great Exposure, High 9’ Ceilings, R6/C2-3 Zoning, New Roof, New Boiler, New Stoop, New Sidewalk, Skylight, All New LED Lighting, 6 Parking Spaces, +++!!! The Property Is Located In The Heart Of Bushwick Just Off Myrtle Avenue Only 2-3 Blocks From The L & M Trains!!! Neighbors Include Starbucks, Northwell Health, UPS, CubeSmart Self Storage, Extra Space Storage, Bath & Body Works, Raymour & Flanigan, Shake Shack, CVS, Dunkin’, Taco Bell, Qdoba, Popeye’s Louisiana Kitchen, Subway, White Castle, KFC, +++!!! The Property Offers Easy Access To Manhattan Via The Train & The Williamsburg Bridge!!! This Property Offers HUGE UPSIDE Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!
Income:
1L (2 Br. Apt.): $27,049.56 Ann.; Lease Exp.: 10/1/25.
1R (2 Br. Apt.): $26,929.35 Ann.
2L (2 Br. Apt.): $31,258.80 Ann.
2R (2 Br. Apt.): $14,651.40 Ann.; 9/30/25.
3L (2 Br. Apt.): $24,598.32 Ann.
3R (2 Br. Apt.): $20,929.68 Ann.
4L (2 Br. Apt.): $23,456.16 Ann.; Lease Exp.: 10/31/25.
4R (2 Br. Apt.): $26,799.60 Ann.
Billboard Sign: $2,000 Ann. Been Here 10+ Years. M-M.
Gross Income: $197,672.87 Ann.
Expenses:
Gas: $4,872 Ann.
Electric: $1,420 Ann.
Maintenance/ Repairs: $250 Ann.
Insurance: $4,622 Ann.
Taxes: $12,839 Ann.
Water & Sewer: $8,600 Ann.
Total Expenses: $32,603 Ann.
Net Operating Income (NOI): $165,069.87 (5.6% Cap)
Location | |
Subdivision | - |
County | Kings (Brooklyn) |
Elementary School | - |
Middle School | - |
High School | - |
Exact location data not provided
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 850846
Listing agent:
Richard Matt Shane
#10301216230
Listing broker:
All Island Estates Realty Corp
(516) 532-9184
Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
[source]
Last update: Thursday, April 24 2025 at 7:18 a.m. EDT
Kotohomes National
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