Property Details

Overview

DEAL OF THE CENTURY, CASH DEAL OR HARD MONEY ONLY! Solid six (6)-family rent stabilized building in prime Bushwick area, a lot of potential, building 20x80, lot 20x90, totaling 4, 800 sqft interior space. It consists of four 1 bedroom apartments and two 2 bedroom apartments. 7 electric meters and 7 gas meters, new boiler and hot water tank. Annual gross income is approximately $53, 000, expense $27, 000, and net income $26, 000. Sold as is with all paying tenants, fully occupied. Annual property tax is $14, 810. Priced to sell. Excellent location, close to all! Buyers are responsible for all violations and are advised to do their own due diligence. SOLD AS IS. Proof of fund required prior to any showing. Any reasonable offer will be considered! All showings and open houses by appointment only, Building Size:4, 800