Bushwick, NY 11221,551 Knickerbocker AVE
$1,499,000
$1,600,000
6.3%
Est.Price: ?

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551 Knickerbocker AVE Bushwick, NY 11221

Est. payment /mo
SOLD DATE : 11/30/2020

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Key Details

Sold Price $1,499,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID H6038393

Property Description

Fantastic Opportunity in the Heart of Bushwick Perfect Income Producing Investor Deal: 100% Turnkey Renovated Units BUILDING INFORMATION > 3 stories-COMMERCIAL STORE on Ground Floor & 2 renovated residential units on 2nd and 3rd Floors. > 3,300 SF: building measures 20' x 55' > 1600 SF lot; measures 20' x 80 > ANNUAL INCOME POTENTIAL $132,000 Store $50,400 + 2 Apt $81,600 > Mint condition, high cap rate & Rate of Return UNIT INFORMATION > 1100 SqFt Store on Ground Floor + Full Finished Basement > All apartments 100% GUT RENOVATED featuring top of the line kitchens with stainless steel appliances including microwaves/dishwashers/Washer Dryer > Apt 1: 3 bedroom 2 bathroom, microwaves/dishwashers/Washer Dryer, SPLIT AIR CONDITIONER & Water Heater > Apt 2: 3 bedroom 2 bathroom, microwaves/dishwashers/Washer Dryer, SPLIT AIR CONDITIONER & Water Heater BUILDING LOCATION: > 2 minute walk from the M & L trains (Myrtle-Wyckoff Ave station)

Location

State NY

County Brooklyn

Zoning R6-C1-3

Interior

Heating Electric, Natural Gas, Forced Air, See Remarks

Cooling Ductless, Wall Unit(s)

Building

Sewer Public Sewer

Water Public

Structure Type Brick

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Listed by Exit Realty Premium • 718-829-2300
Bought with Exit Realty Premium

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