New Listing - 05/07/2024

$2,250,000

Est. Mortgage $11,675/mo *

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1905

Calling All Investors, Developers, & End-Users!!! 100% Occupied 6 Unit Free Market Apartment Building In Bushwick For Sale!!! The Property Features Excellent Signage, Great Exposure, Strong R6 Zoning, 6 Parking Spaces, High 10' Ceilings, Separate Meters, Low Property Taxes, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Bushwick Just 1 Block Off Broadway Next To Saratoga Park!!! The Property Is Situated Minutes From The Barclays Center, Brooklyn Children's Museum & The Prospect Park Zoo!!! Neighbors Include UPS, The Home Depot, T-Mobile, Dunkin', CubeSmart Self Storage, Walgreens, JD Sports, Subway, Wendy's, KFC, +++!!! This Property Offers HUGE Upside Potential!!! Income: Unit 1L : $20,400 Ann. Unit 1R: $26,400 Ann. Unit 2L: $15,600 Ann. Unit 2R: $22,200 Ann. Unit 3R: $24,000 Ann. Unit 3L: $27,240 Ann. Gross Income: $135,840 Ann. Expenses: Gas : $0 Ann. Electric: $0 Ann. Water + Sewer: $3,783 Ann. Insurance: $5,000 Ann. Taxes: $7,712.76 Ann. Total Expenses: $16,495.76 Ann. Net Operating Income (NOI): $119,344.24 Ann. , or

Status:

Active

Type:

Commercial

Units:

6

Zoning:

R6

Acreage:

0.06

Est. Taxes:

$7,712

MLS #:

3550289

Community Info

School Info

Walk Score

Mass Transit

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Listing courtesy of All Island Estates Realty Corp 516-783-5600