Description
Calling All Investors, Developers & End-Users!!! 8.77 Cap 6 Unit Apartment Building With 2 Garages For Sale!!! The Building Features Excellent Signage, Great Exposure, Separate Meters, LED Lighting, New Electric, New Gas Lines, New Water Lines, New Silicone Roof, New Waste Lines, Renovated Apartments, 6 Parking Spaces, A/C, +++!!! Located In The Heart Of Upper Bushwick WIth Rooftop Views Of Manhattan!!! Neighbors Include CVS, Rite Aid, Capital One, TD Bank, Bank Of America, Blink Fitness, Dollar Tree, Dollar General, +++!!! The Property Offers EASY ACCESS TO MANHATTAN Via The Train & The Williamsburg Bridge!!! This Property Offers HUGE UPSIDE Potential!!! Income: 1L: $1,553.25 Per Month ($18,639 Ann.) 1R: $1,496.82 Per Month ($17,961.84 Ann.) 2L: $2,242.73 Per Month ($26,912.76 Ann.) 2R: $1,514.70 Per Month ($18,176.40 Ann.) 3L: $1,904.77 Per Month ($22,857.24 Ann.) 3R: $1,997.52 Per Month ($23,970.24 Ann.) Garage: $6,000 Ann. Gross Income: $140,790.12 Expenses: Gas: $6,000 Ann. (Heating Only) Electric: $680 Ann. (Hallway & LL) Maintenance/ Repairs: $250 Insurance: $3,823 Ann. Taxes: $11,607.24 Ann. Total Expenses: $22,360.24 Net Operating Income (NOI): $118,429.88 (8.77 Cap)
Location
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Attribution contact: 516-783-5600
Listing Office: All Island Estates Realty Corp
