299 Troutman St - Apartments FOR SALE


Brooklyn, NY 11237- Bushwick
$1,100,000 USD
718-252-6060
299 Troutman St, Brooklyn, NY for Sale
$1,100,000 USD
Apartments - FOR SALE
1/5
null | Request Cap Rate

299 Troutman St
Brooklyn, NY 11237
Bushwick


OVERVIEW

Presenting a well-maintained four-story building featuring eight family units investment opportunity in budding Bushwick. This 25x65 building sits on a 25x100 lot with R6 zoning and is subject to 7A HPD regulations, ensuring quality maintenance and tenant protection. Each unit offers 2 bedrooms and 1 bathroom, providing comfortable living spaces. The property currently has four vacant units, with the 3rd and 4th floor units renovated, ready for immediate occupancy or rental. Situated in a vibrant neighborhood with tons of restaurants, cafes, shopping, and event venues nearby, this property is ideal for investors looking to capitalize on the demand for quality rental housing in a desirable area. Located conveniently near the L train and the B57 bus route for easy access into Manhattan and Downtown Brooklyn.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$169 USD /SF

# OF UNITS

8

PRICE/UNIT

$137,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

R6

APN/PARCEL ID

03175-0045

ASK ABOUT THIS PROPERTY

Delton ChengCentury 21 HomefrontMore Info
718-252-6060

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Delton ChengCentury 21 HomefrontMore Info
718-252-6060

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.