538 Bainbridge ST #6 Active Save Request In-Person Tour Request Virtual Tour
Brownsville,NY 11233
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3550293
Year Built 1907
Annual Tax Amount $7,786
Lot Size 2,613 Sqft
Property Description
Calling All Investors, Developers, & End-Users!!! 100% Occupied 6 Unit Free Market Apartment Building In Bushwick For Sale!!! The Property Features Excellent Signage, Great Exposure, Strong R6 Zoning, 6 Parking Spaces, High 10' Ceilings, Separate Meters, Low Property Taxes, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Bushwick Just A Few Blocks Off Atlantic Avenue Near Highland Park!!! The Property Is Situated Minutes From The Barclays Center, Brooklyn Children's Museum & The Prospect Park Zoo!!! Neighbors Include UPS, The Home Depot, Dunkin', CubeSmart Self Storage, Walgreens], AutoZone, Planet Fitness, Blink Fitness, GameStop, Baskin-Robbins, Mobil, McDonald's, Mavis Discount Tire, Family Dollar, Wendy's, White Castle, KFC, +++!!! This Property Offers HUGE Upside Potential!!! Income: Unit 1L : $22,572 Ann. Unit 1R: $31,008 Ann. Unit 2L: $22,200 Ann. Unit 2R: $21,000 Ann. Unit 3R: $25,896 Ann. Unit 3L: $22,200 Ann. Gross Income: $144,876 Ann. Expenses: Gas : $0 Ann. Electric: $0 Ann. Water + Sewer: $4,335 Ann. Insurance: $5,000 Ann. Taxes: $7,786.42 Ann. Total Expenses: $17,121.42 Ann. Net Operating Income (NOI): $127,754.58 Ann. 7.81 CAP
Location
State NY
County Brooklyn
Zoning R6
Building
Story 3
Others
Special Listing Condition None