Property Details

Overview

Calling All Investors, Developers, & End-Users!!! 100% Occupied 6 Unit 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 2 Blocks Off Myrtle Avenue!!! 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 : $16, 118.76 Ann. Unit 1R: $18, 227.88 Ann. Unit 2L: $23, 609.16 Ann. Unit 2R: $15, 095.40 Ann. Unit 3R: $21, 420 Ann. Unit 3L: $23, 666.52 Ann. Gross Income: $118, 137.72 Ann. Expenses: Gas : $1, 320 Ann. (Common Areas) Electric: $620 Ann. (Hallway & Common Areas) Water + Sewer: $4, 783 Ann. Insurance: $3, 780 Ann. Taxes: $6, 855.88 Ann. Total Expenses: $17, 358.88 Ann. Net Operating Income (NOI): $100, 778.84 Ann. , or