Contacts
DJ Johnston
Matthews Real Estate Investment Services
Property Details
- Property Type Multi-Family
- Property Size 5,000 SF
- Units 8
- Lot Size 0.06 Acre
- Cap Rate % 6.55
- Additional Rent Contact for pricing
- Year Built 1920
- Date Updated Nov 6, 2024
- Fantastic Light & Air: 120 feet of corner frontage provides significant light and air, allowing for efficient unit layouts.
- Fully Free-Market: The property was converted from a 4-family to an 8-family, via an alteration 1, and never regulated by DHCR.
- Transportation Accessibility: 2-blocks to the Wilson Avenue L-train, providing access to North Bushwick, Williamsburg and Manhattan within 25 minutes.
- Protected Tax Class: 2A Tax Class limits tax increase to no more than 8% a year or 30% over 5 years.
- Low Maintenance: Building has been renovated and meticulously maintained, with no need for short-term capital improvements.
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Attachments
Getting around
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Location
- City Brooklyn, NY
- Neighborhood Bushwick
- Zip Code 11207
- Market Brooklyn
Points of Interest
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Chauncey Street
0.40 miles
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Halsey Street
0.52 miles
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Broadway Junction
0.69 miles
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Rockaway Avenue
0.70 miles
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Rockaway Avenue Station
0.74 miles
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Gates Avenue
0.81 miles
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Myrtle–Wyckoff Avenues
0.83 miles
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East New York Entrance
0.87 miles
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Knickerbocker Avenue
0.97 miles
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Stanhope St & Wycoff Ave - SE Corner
1.20 miles
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BP
0.55 miles
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Hess
0.67 miles
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Sunoco
1.10 miles
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Mobil
1.20 miles
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Speedy Gas
1.32 miles
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Conoco
1.33 miles
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Pure Energy
1.35 miles
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Revel
2.38 miles
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Tesla Supercharger
2.51 miles
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ChargePoint
3.55 miles
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Havens Place Lot
0.81 miles
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School bus parking
1.11 miles
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Stop & Shop Parking
1.26 miles
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MMP Parking LLC
1.28 miles
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Kings County Parking Garage
2.81 miles
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Connoly's Parking Lot
2.88 miles
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Cielo Garage
3.11 miles
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Underhill Garage
3.16 miles
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The Brooklyn Museum and Botanic Garden
3.24 miles
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Rapid Park
3.56 miles
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hull
0.55 miles
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Red Carpet Inn
0.55 miles
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Marina Hotel
0.62 miles
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East New York Inn
0.84 miles
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Imperial Hotel
0.87 miles
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Hotel Omega
0.90 miles
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Days Inn
0.92 miles
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casa reservada para vacaciones
0.99 miles
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Holiday Inn Express
1.10 miles
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Artel 535
1.12 miles
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Stop One Supermarket
0.10 miles
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Pioneer
0.40 miles
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Your Deal Food Corporation
0.42 miles
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Meat Market
0.49 miles
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Key Food
0.50 miles
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Junior's Food Outlets
0.53 miles
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Food Bazaar Supermarket
0.71 miles
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Howard Marketplace
0.75 miles
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Billy's Market Place
0.80 miles
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ABC Super Stores
0.80 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
DJ Johnston
Matthews Real Estate Investment Services