Property Details

Overview

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