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Updated almost 11 years ago on . Most recent reply

Ryan Ong's profile image
Ryan Ong's profile image
Ryan Ong
  • from New York City, New York
  • Member since Dec 6, 2013
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Ryan Ong's profile image
Ryan Ong's profile image
Ryan Ong
  • from New York City, New York
  • Member since Dec 6, 2013
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Ryan Ong
  • New York City, NY
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Multi-Family and Apartment Investing

Anyone familiar with CAP rate & $/psf in Bushwick, Brooklyn.

Ryan Ong
  • New York City, NY
Posted

Hi,

I have a question about the valuation of properties in Bushwick,Brooklyn. I believe the NYC market is different and we can't use the 2/50% rule here. Is there Anyone who is familiar with the current market who can share about what you think a property in the more gentrified area of Bushwick ( near the M train around Central Ave) cap rate or price per sq ft should be?

Thank you!

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