Joe Cruz of COMPASS have been retained on an exclusive basis to arrange for the sale of 130 Woodbine Street in Bushwick.
The subject property is built as a 25' x 67', two story incoming generating building comprised of four apartments and an oversized finished basement with a separate entrance.
The lot is 25' X 100'. The building has a total square footage of approximately 3,354'.
Located on Woodbine Street a beautiful tree-lined block between Central Avenue and Evergreen Avenue in the Bushwick section of Brooklyn.
Currently configured as a legal four-family dwelling, there's no end to the possibilities for this desired investment opportunity.
This property is being conveyed with an extraordinary, approximate 2,725' of air rights.
There are 2 Three Bedroom Apartments
There are 2 Two Bedroom Apartments
All the Leases are scheduled to expire within 7-9 months.
All the apartments have separate boilers & hot water heaters.
Built in 2005.
Kept in immaculate condition.
Laundry in building
Additional features: overhead lighting throughout and stripped hardwood flooring
Actual Rent Roll:
Unit 1F - $2,000 ( Market rate $2200 )
Unit 1R - To Be Delivered Vacant ( $2600 Projected )
Unit 2F - $2,000 ( Market rate $2200 )
Unit 2R - $1700 ( Market rate $2600 )
Yearly Expenses: ( Estimated )
Taxes: $19,694
Water/ Sewer = $6,000
Insurance = $1,500
Electric = $2,000
Off market
$1,670,100
130 Woodbine St #HSE, Brooklyn, NY 11221
10beds
3,354sqft
MultiFamily
Built in 2005
-- sqft lot
$1,670,100 Zestimate®
$498/sqft
$4,485 Estimated rent