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1501 Broadway
Brooklyn, NY 11221 Bushwick

$2,595,000 USD

Apartments For Sale  •  7,625 SF

Property Details

  • Property Type Apartments
  • Total Building Size 7,625 SF
  • Lot Size 0.05 AC
  • Building Class C
  • Year Built 1915
  • Cap Rate 6.95 %
  • Zoning R6, C1-3
98 Transit Score
95 Walk Score

Highlights

Upside opportunity
Commercial space leased
Prime location close to subway

Property Flyers

Financial Summary (Actual)

Net Operating Income: $180,279 USD (2024)
Cap Rate: 6.95 %
Total Expenses: $47,757 USD

Major Tenants

Tenant SF Occupied Lease End Date
1501 S & M Convenience Corp. 10/31/2032
Image Gallery
Quick Fix Up Home Improvement

Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Microwave
  • Heating
  • Ceiling Fans
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Basement
  • Deck
  • Dining Room
  • Patio

Public Transportation

Commuter RailDriveWalkDistance
East New York Station (Far Rockaway Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 4 min - 1.5 mi
Nostrand Avenue Station (Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 8 min - 2.4 mi
Transit/SubwayDriveWalkDistance
Halsey Street (J Line) (J - New York MTA Subway (The Subway)) 1 min 2 min 0.1 mi
Gates Avenue (J - New York MTA Subway (The Subway), Z - New York MTA Subway (The Subway)) 2 min 6 min 0.3 mi
Chauncey Street (J - New York MTA Subway (The Subway), Z - New York MTA Subway (The Subway)) 2 min 9 min 0.5 mi
Kosciuszko Street (J - New York MTA Subway (The Subway)) 4 min 15 min 0.8 mi
Ralph Avenue (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway)) 4 min 16 min 0.8 mi
AirportDriveWalkDistance
John F Kennedy International 20 min - 9.3 mi
LaGuardia 21 min - 9.4 mi
Newark Liberty International 33 min - 17.7 mi
Tatiana Shreider 917-859-5332 Compass
Tatiana Shreider 917-859-5332 Compass