Bushwick, NY 11237,926 Hart ST
$1,150,000
$1,250,000
8.0%
Est.Price: ?

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2,613 Sqft Lot

926 Hart ST Bushwick, NY 11237

Est. payment /mo
SOLD DATE : 05/16/2023

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Key Details

Sold Price $1,150,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 3408946

Year Built 1931

Annual Tax Amount $9,534

Lot Size 2,613 Sqft

Property Description

Calling All Investors, Developers & End-Users!!! 9.79 Cap 6 Unit Apartment Building For Sale!!! The Building Features Excellent Signage, Great Exposure, Separate Meters, LED Lighting, Full Basement, New Electric, New Gas Lines, New Water Lines, New Silicone Roof, New Waste Lines, Renovated Apartments, +++!!! Located In The Heart Of Bushwick!!! Neighbors Include CVS, Walgreens, Dollar Tree, Capital One, Rite Aid, +++!!! Many Of The Apartments Have Already Been Beautifully Renovated!!! Both Of The Renovated Penthouses Can Be Delivered Vacant!!! The Property Is Located Around The Corner From The Park & The Train Station!!! The Property Offers EASY ACCESS TO MANHATTAN Via The Train & The Williamsburg Bridge!!! 926 Hart Street Has Its Full Air Rights Intact!!! This Property Offers HUGE UPSIDE Potential!!! Income: 3L (2 Br Penthouse): $28,800 Ann. (Available) 3R (2 Br Penthouse): $28,800 Ann. (Available) 2R (2 Br): $15,000 Ann. M-M 2L (2 Br): $15,600 Ann. M-M 1R (2 Br): $16,956 Ann. M-M 1L (2Br): $15,240 Ann. M-M Storage: $23,628 (Available) Gross Income: $144,024 (Proforma) Expenses: Gas: $6,000 (Heating Only) Electric: $680 (Hallway & LL) Maintenance/ Repairs: $250 Insurance: $3,628 Taxes: $8,852 Water & Sewer: $2,258 Total Expenses: $21,668 Net Operating Income (NOI): $122,356 (Proforma 9.79 Cap!!!)

Location

State NY

County Brooklyn

Zoning R6

Building

Story 3

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Listed by All Island Estates Realty Corp • 516-783-5600
Bought with Non-Member MLS

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