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$ 2,350,000
Est. payment | /mo
9 Beds
7 Baths
3,000 SqFt
$ 2,350,000
Est. payment | /mo
9 Beds
7 Baths
3,000 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $783
MLS Listing ID 11912861
Bedrooms 9
Full Baths 7
Year Built 1915
Annual Tax Amount $3,431
Lot Size 2,000 Sqft
Property Description
Free-market three-family investment property Built in 1915 and subsequently gut renovated Three spacious 3-bedroom apartments First-floor duplex features three bathrooms Second- and third-floor apartments each feature two bathrooms First-floor duplex delivered vacant with an exclusive private backyard-an exceptional owner-user opportunity High ceilings throughout Washer and dryer in every apartment Approximately 3,000 SF building on a 20' x 100' lot Full basement Expansive private backyard Original decorative fireplace Located within a designated Opportunity Zone Strong in-place cash flow with additional rental upside Actual Gross Income: $137,820 R6 zoning with approximately 1,400 SF of additional buildable area Potential Gross Income: $152,808.00 Actual NOI: $125,882.00 Potential NOI: $140,870.05 Low annual property taxes of approximately $3,431.92 Prime Bushwick location near the L train, shopping, dining, and neighborhood amenities Owner-User Opportunity: Based on a 6.25% mortgage rate, approximately $7,435/month in rental income helps offset your monthly mortgage payment.
Location
State NY
County 36047
Rooms
Dining Room 0
Kitchen 0
Interior
Laundry 1
Building
Story 3
NEARBY SCHOOL & BUSINESS