538 Bainbridge Street, Brownsville, NY 11233

  • $1,635,000
  • $1,686,000
Active
538 Bainbridge Street, Brownsville, NY 11233
  • $1,635,000
  • $1,686,000

Overview

Property ID: 3550293
  • Mixed Use, Commercial Sale
  • Property Type
  • 1907
  • Year Built

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

Details

Updated on October 1, 2024 at 4:18 pm
  • Property ID: 3550293
  • Price: $1,635,000
  • Land Area: 0.06 Acres
  • Garage Size: x x
  • Year Built: 1907
  • Property Type: Mixed Use, Commercial Sale
  • Property Status: Active

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Jerry Wang
  • Jerry Wang