$1,600,000
$1,999,999
20.0%For more information regarding the value of a property, please contact us for a free consultation.
4,500 SqFt
SOLD DATE : 11/15/2021
Key Details
Sold Price $1,600,000
Property Type Other Rentals
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $355
MLS Listing ID 449390
Sold Date 11/15/21
Year Built 1931
Annual Tax Amount $9,621
Property Description
Proud to present this fantastic opportunity in the red hot area known as Bushwick. This property has been in the same family for many generations and it is a chance to obtain a 5 family of residential apartments and a commercial store. Bushwick has amazing access into Manhattan and there are a variety of new cafe's, restaurants, and specialty stores coming to Wyckoff Avenue. The apartments are oversized two bedroom units and two are currently vacant. The three remaining residential units have good paying tenants in place. The commercial store serves the community and has been open throughout the pandemic. Updated electrical panels, multiple gas meters and gas boiler are in place in the full unfinished basement. The projected rent roll is fantastic and the sky is the limit with this area. We are zoned R6 and other buildings in the area have added additional square footage and the FAR allows additional 2790 sq. feet. Please check the block and lot and architect for additional information. We are located a short two minute walk to the Myrtle -Wyckoff Avenue (L,M) train stations.
This property is considered a trophy piece to one's real estate collection!
Location
State NY
County Kings (brooklyn)
Area Bushwick
Zoning R6
Rooms
Basement Full, Unfinished
Interior
Interior Features None
Hot Water Gas
Heating Gas
Flooring Hardwood, Laminate, Tile
Heat Source Gas
Exterior
Exterior Feature Brick, Siding, Other
Roof Type Flat
Building
Story 3
Foundation Slab Concrete
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
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Bought with Bergen Basin Realty LLC
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