This deal consists of five residential buildings in Bushwick, each with three residential units. The units are a mix of 2, 3, and 4 bedrooms and one building has a 15 year 421a tax abatement and is rent stabilized. Each building has laundry in the basement for extra income. These five buildings have a cap rate of 4.7%. The full rent roll for each building is available upon request. All five buildings must be purchased together. Each is located in trendy Bushwick, close to the subway and many restaurants, bars, shopping, and conveniences.
Off market
$1,011,400
1057 Jefferson Ave #BLD, Brooklyn, NY 11221
45beds
--sqft
MultiFamily
Built in 1915
-- sqft lot
$1,011,400 Zestimate®
$--/sqft
$3,457 Estimated rent