Solid 6% Return on Investment on this 8 Unit Income Generating building in the heart of Bushwick can't be missed. The building is well maintained with the building size of 26.67 wide and 70 deep. Natural gas heating system with a new boiler recently installed. Front and back 2 spacious bedrooms can easily turn into a 3 bedrooms at owner's choice. One guaranteed vacancy at the closing. Current rental incomes for 7 units are $112,920 annually and owner occupied unit will be vacant at closing for an annualized income at $132,120 less than annual expenses of $53,806.yeah
| MLS # | 950326 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 1931 |
| Days On Site | 227 |
| Listing Provided By | Keller Williams Rlty Landmark | Lian Rong Sun CBR SFR |
| SQ Feet | 7,468 |
|---|---|
| Basement | Y |
| Units | 8 |
| Acreage | 0.06 |
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Natural Gas |
| Construction Materials | Brick |
|---|---|
| Lot Features | Back Yard |
| Parking Features | Off Street |
|---|
| Utilities | Electricity Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2026 |
|---|---|
| Tax Annual Amount | 17806 |
| Tax Lot | 4 |
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11237 |
| Listing VS Median (in 11237) | |
Price: $1,250,000 low | high Med: $1,141,500 sqft: 7,468 low | high Med: 5,294 $ / sqft: $167 low | high Med: $217 On site: 227 low | high Med: 258.5 | |
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11237 |
| Listing VS Median (in 11237) | |
Price: $1,250,000 low | high Med: $1,141,500 sqft: 7,468 low | high Med: 5,294 $ / sqft: $167 low | high Med: $217 On site: 227 low | high Med: 258.5 | |