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Don't miss out on this exceptional investment opportunity situated in Bushwick's trendy neighborhood of Northern Brooklyn. This twelve-unit apartment building offers a solid 6% cap rate and features spacious two-bedroom, one-bathroom units, perfect for attracting discerning tenants. Boasting classic pre-war charm, including high ceilings and hardwood floors, this property exudes timeless elegance. Its prime location provides convenient access to amenities, transportation, and the vibrant culture of Bushwick. Ideal for a 1031 exchange, this property promises both immediate income potential and long-term appreciation. Act now to secure your foothold in one of New York City's hottest real estate markets. Schedule your viewing today and unlock the possibilities of this lucrative investment opportunity.
Excellent 6 family for sale in flourishing Brooklyn neighborhood, 6 4 room apartments all in good condition, 3 of them excellent condition with one duplex apartment. All apartments are rent stabilized with an annual rent roll of $77305 and expenses of taxes $10678 insurance $4500, water and sewer $6500 heat $4500 electricity $800 for a total expense of $26978 and an NOI OF $50327
I'm happy to offer this income-producing, legal eight-family brick house (with approximately 900 sf of each unit) with a net income of over $109k and a potential net (based on legal rent registration) of over $140k. Excellent Prime Bushwick location! Starr St and Irving Ave, next to Maria Hernandez Park, two blocks to Jefferson St L-train Station.
Brick 6 family located appt. 2.5 Blocks to subway. Each apt. features 4 rooms, 2 bedrooms and 1 full bathroom. Full basement, Gas heat. Located near shopping, transportation and all that this vibrant neighborhood has to offer.
PERFECT FOR 1031 EXCHANGE. GOOD LOCATION. NEAR SUBWAY. 0.2 MILES FROM L TRAIN STATION. 6 UNITS OF 2 BD 1 BATH APARTMENT
Onstructed in 1931, This Three-story Multi-family Building Features Six 2-bedroom, 1-bath Units, a Basement With a Separate Entrance, and a Rooftop Garden. Nestled in the Heart of Bushwick, Brooklyn, the Property Enjoys a Prime Location Near Central and Wilson Avenue, Providing Convenient Access to the L and M Trains, as Well as the Q39 Bus. The Neighborhood Offers an Array of Amenities, Including Irving Square Park, Several Schools Such as Ps 376, Schuyler, Ps 299, and the Math Engineering Science Academy. Additionally, Residents Can Explore Various Dining Options, Coffee Shops, and a Supermarket in the Vicinity. Bushwick, Known for Its Vibrant Atmosphere, is an Emerging Neighborhood That Provides Everything You Need Within Easy Reach. This Property Presents a Solid Investment Opportunity, With a Reliable and Timely Rental Income. The Flexibility to Potentially Deliver Three Units Vacant Adds to Its Appeal, Making It a Promising Prospect for Investors.
Remarkably Low Taxes: $126.40 for the 2022/2023 tax year at 1 Ridgewood Place $232.96 for 2022/2023 tax year at 5 Ridgewood Place. Finished Basement: With a separate entrance, enhancing the property's appeal. Renovated Apartments: 70% of the apartments have been renovated, leading to reduced real estate taxes. Zoning: R6, C2-3 zoning, enabling a variety of residential and commercial uses. Location Highlights: Bushwick: A vibrant neighborhood known for its street art, local shops, and diverse cuisine. Proximity: Close to major transportation and 3 shopping centers within a 2.4-mile radius. "Exceptional Investment Opportunity: 12 Rent-Stabilized Units in Ideal Combination". Seize this opportunity to invest in the thriving Brooklyn real estate market. High rental income and long-term appreciation potential await. Act now and be part of this exciting venture!
Dream Location In Bushwick! This 3 Story, Non-Elevator Building Has 5 Apartments + Storefront Currently Being Used As A Dental Office. Wyckoff Hospital Is On The Next Block & The L Line Subway Is Directly Across The Street From The Building, Perfect For Commuting. Office & Studio Apartment On The First Floor, Two - 2 Bedroom Apartments On The Second Floor & Two - 2 Bedroom Apartments On The Third Floor. Building Has Unfinished Basement & The Backyard Is Accessible From The First Floor Studio Apartment. Lots Of Foot Traffic On The Block.
Welcome to the lovely community of Bushwick! Prime investment opportunity. Conveniently located to Knickerbocker Ave, iconic restaurants, local transportation-L & J line, close to B60 & B38. Six family completely renovated brick building with sleek high end finishes. Separate meters, separate water heaters, split air and beautiful flooring. Three floors- two units on each floor. CAP Rate 6.22%
This 8 unit property for sale is a fantastic investment opportunity located in a prime location. The property is well-maintained and offers spacious bedroom in front and back of the units that are perfect for families and young professionals alike. Each unit features 2 separate bedrooms front and back, living room, kitchen and bathroom. This property also has a solid rental history and is currently fully occupied, making it an ideal investment opportunity for those looking to generate steady rental income.