1501 Broadway Apt: HSE
Brooklyn, NY 11221
Cross street:Saratoga Avenue

Building

Type:Low-rise
Era:Post-war
Floors:4

Property

Ownership: Mixed Use
Rooms: 20
Bedrooms: 12 BR
Bathrooms:
Pets: No Pets Allowed

Financials

Price:$2,595,000
Maintenance:$325
Real estate tax:$2,244
Listing Courtesy of Compass

Exceptional investment opportunity in Bushwick.

Description

Exceptional investment opportunity in Bushwick. This mixed-use property features one commercial space with a lease secured until 2032 and four residential units. Currently delivering a 7% cap rate, this property presents potential for increased returns. With strategic improvements or layout modifications, the cap rate could easily exceed 8%. Detailed building setup information is available upon request.

Amenities

  • Voice Intercom
  • Walk-up

Neighborhood

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RLS Data display by Nest Seekers LLC.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.