Calling All Investors, Developers, & End-Users!!! 100% Occupied 6 Unit Free Market 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 Bed-Stuy Just 1 Block Off Broadway Next To Saratoga Park!!! 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 : $20,400 Ann.
Unit 1R: $26,400 Ann.
Unit 2L: $15,600 Ann.
Unit 2R: $22,200 Ann.
Unit 3R: $24,000 Ann.
Unit 3L: $27,240 Ann.
Gross Income: $135,840 Ann.
Expenses:
Gas : $0 Ann.
Electric: $0 Ann.
Water + Sewer: $3,783 Ann.
Insurance: $5,000 Ann.
Taxes: $7,712.76 Ann.
Total Expenses: $16,495.76 Ann.
Net Operating Income (NOI): $119,344.24 Ann.