443 Bushwick Avenue, Brooklyn, NY, 11206
$1,880,000
Multi Family
For Sale
Details
ML#: 847611
- # of Families: 6
- Year Built: 1931
- Taxes: $11,843
- Status:Active
Description
This is an excellent investment opportunity in Williamsburg, Brooklyn! The combination of a bustling commercial space with a restaurant and multiple residential units can provide a solid income stream. With a return rate close 7% and no renovations needed, The Annual gross income is nearly $175, 440/year and monthly Gross income is $14, 620, The Net income $139, 445/year and monthly Net income $11, 620. This is a location with a very high return on investment property, especially with stable tenants in place. The layout of two units per floor, with a mix of two-bedroom and one-bedroom apartments, caters to a variety of renters, which is a plus. The proximity to Broadway Commercial Street and access to multiple subway lines enhances its appeal, making it convenient for both residents and customers.
More Property Details
Lot Size: 0.0456
Lot Sq Ft: 1985
Heat: Natural Gas, Other
A/C: Wall/Window Unit(s)
Water: Public
Sewer: Public Sewer
Taxes: $11,843
Listing Information provided courtesy of
E Realty International Corp
718-886-8110