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Updated about 9 years ago, 01/04/2016

User Stats

74
Posts
29
Votes
Matthew Saskin
  • Chapel Hill, NC
29
Votes |
74
Posts

Rare, fully occupied new construction 3-family in Brooklyn, NY!

Matthew Saskin
  • Chapel Hill, NC
Posted

Rare, highly coveted new construction 3-family/4-story with Certificate of Occupancy. 18x55ft townhouse on a 100ft lot, newly constructed a year ago and located in prime Bushwick with an ACTUAL CAP RATE of 5.36% and a projected of 6%. This adorable house commands ACTUAL income of $96,600/year. Units are on a high season rent cycle with room to increase income to current market value. Spacious layouts, nice light, high ceilings, arched windows plus the conveniences of central heating/air and laundry hook up in garden level apartment. Ideally located near the Halsey L and Gates J/Z train stops. All mechanicals are brand new from when the building was constructed including electrical, plumbing and roof. Message me if interested in additional details.

Offering

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