The property was recently gut renovated and converted into three loft apartments and offers the new owner to make 6% return at asking price. Each unit has twelve foot ceilings with exposed beams throughout. The first floor apartment is a duplex into the basement. Two bedrooms in each apartment have their own bathrooms. Each bedroom has a loft area that can be used as space for sleeping or living/work. The backyard is communal and there is a shared laundry room in the basement. This building is completely occupied and generating excellent income and requires no work at all. It is located four blocks from the Gates Avenue and Halsey Street [J,Z] train stations.
Off market
$1,608,400
1138 Bushwick Ave, Brooklyn, NY 11221
9beds
4,200sqft
MultiFamily
Built in 1924
-- sqft lot
$1,608,400 Zestimate®
$383/sqft
$3,763 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Features
- Has fireplace: No
Interior area
- Total interior livable area: 4,200 sqft
Property
Parking
- Parking features: On-street
Lot
- Size: 2,000 sqft
Details
- Parcel number: 033660040
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1924
Community & neighborhood
Location
- Region: Brooklyn