Investor Delight ! This updated 4 Story Brick 8 Unit Multi family is between Bushwick amp ; Bedford Stuyvesant near J amp ; Z subway station.


Property

Website:https://www.nestseekers.com/5556206
Address:
New York, NY 11221
Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$3,180,000
Annual Taxes:$14,579

Description

Investor Delight! This updated 4 Story Brick 8 Unit Multi-family is between Bushwick & Bedford Stuyvesant near J & Z subway station. It contains 22 bedrooms and 13 bathrooms, all occupied with 5 free-market rent and 3 Rent Stabilized units, 5 of the free-market was Fully Gut Renovated & New Roof around 2018, also the common area was updated, new intercom system, new kitchen, dishwasher & new separate AC/Heat systems . This Is High Income Building, around 7% Cap Rate return, Yearly Income $265,640, Expenses $42,800 , and NOI $222,340. Building Size:30X73.33

Amenities

  • Dishwasher
  • Electricity Available
  • Electricity Connected
  • Gas Cooktop
  • Gas Oven
  • Microwave
  • Natural Gas Available
  • Natural Gas Connected
  • Refrigerator
  • Stainless Steel Appliance(s)

Contact

578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of Sany Realty Group LLC