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!!! This Could Be Your Next Development Site / The Next Home For Your Business!!!
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.