Brooklyn, NY 11237,260 Saint Nicholas AVE
Brooklyn, NY 11237,260 Saint Nicholas AVE
Brooklyn, NY 11237,260 Saint Nicholas AVE
Brooklyn, NY 11237,260 Saint Nicholas AVE
Brooklyn, NY 11237,260 Saint Nicholas AVE
Brooklyn, NY 11237,260 Saint Nicholas AVE
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$1,250,000

$1,399,000

10.7%
Est.Price: ?

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Est. payment /mo

3,300 SqFt


SOLD DATE : 06/29/2022

Key Details

Sold Price $1,250,000

Property Type Other Rentals

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 3,300 sqft

Price per Sqft $378

MLS Listing ID 459465

Sold Date 06/29/22

Annual Tax Amount $5,844

Lot Dimensions 20 x 90

Property Description

Three-unit, mixed-use, corner, 2 car garage, brick property for sale. There are 4 levels to this property with approximately 4,400sf sf (approximately 1,100sf each level, which includes unfinished basement). The property is 20ft x 55ft and is situated on a 20ft x 90ft lot and zoned R6, with available additional air rights of approximately 1,200sf. The building features two free market residential units with long-term tenants and one commercial unit on ground floor (which will be delivered vacant). The property is in Bushwick, few blocks to public transportation and Wyckoff Avenue shopping corridor. Great for owner user or investor, needs TLC. Currently, actual CAP rate is just over 5.25% and "projected" Cap Rate for this property is 7% to 9%, based on full asking price.

Location

State NY

County Kings (brooklyn)

Area Bushwick

Zoning R6

Rooms

Basement Full, Unfinished

Interior

Interior Features Restrooms - Public, Other

Hot Water Gas

Heating Gas

Flooring Ceramic, Hardwood, Linoleum

Heat Source Gas

Exterior

Exterior Feature Brick

Roof Type Flat

Handicap Access Yes

Building

Story 3

Foundation Poured Concrete

Others

Energy Description Gas

Financing 1031 Exchange,Bank Mortgage,Cash

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Listed by eXp Realty BKNY
Bought with eXp Realty BKNY
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9913 3rd Ave, Brooklyn, NY, 11209, United States

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