7 Unit VACANT Building for Sale in Bedstuy!!
NEW CONSTRUCTION!!
Lot size: 25ft X 100 ft
Building: 24.75ft X 57.5ft
Sq Ft (Approx) 6,541
# Of Units: 7
Price/SF: $458
Price/Unit: $428,571
Cap Rate: 7%
This high end new construction building presents a unique opportunity for an investor interested in profiting from the renaissance of this charming historic Brooklyn neighborhood, with lots of projected upside. This asset will continue to grow in popularity, whilst immediately delivering substantial returns, without the hassle of construction.
Here is your opportunity to secure your nest egg from the start, with a completely vacant building, ready to go!
Unit Breakdown:
#1 Duplex Apartment with 2 full Bathrooms with outdoor space
#2 Duplex Apartment with 2 full Bathrooms with outdoor space
#3 1 Bedroom 1 Bathroom
#4 1 Bedroom 1 Bathroom
#5 1 Bedroom 1 Bathroom
#6 1 Bedroom 1 Bathroom
#7 Penthouse Apartment 2 Bedroom 2 Bathrooms with private Balcony.
15 YEAR TAX ABATEMENT
This property is conveniently located Near the M, J & Z trains!
Off market
$1,192,800
844 Quincy St, Brooklyn, NY 11221
8beds
6,541sqft
MultiFamily
Built in 2015
-- sqft lot
$-- Zestimate®
$182/sqft
$3,998 Estimated rent