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538 Bainbridge St
Brooklyn, NY 11233 Ocean Hill

$1,500,000 USD

Apartments For Sale  •  5,585 SF

Property Details

• Property Type Apartments
• Total Building Size 5,585 SF
• Lot Size 0.06 AC
• Building Class C
• Year Built 1907
• Cap Rate 7.23 %
• Zoning R6

100 Transit Score

90 Walk Score

Highlights

Cash flowing: Great investment for someone looking to park capital in a cash flowing asset with long-term upside in neighborhood appreciation and loca

Building Structure: Dimensions of 25.5’ x 73’ with air shafts provide spacious and bright layouts.

Tax Class Protected: 2A Tax Class limits tax increase to no more than 8% a year or 30% over 5 years.

Premier Location: located on Idyllic Street, two blocks from Broadway.

Excellent Transportation Access: Conveniently located two blocks from the J, Z Train, allowing for quick and easy transport to Williamsburg and NYC.

Cap Rate:

7.23 %

Amenities

• Air Conditioning
• Controlled Access
• Tenant Controlled HVAC
• Heating
• Recycling
• Smoke Free
• Kitchen
• Refrigerator
• Oven
• Range
• Tub/Shower
• Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
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	-	1.2 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)	7 min	-	2.2 mi
Transit/Subway	Drive	Walk	Distance
Chauncey Street (J - New York MTA Subway (The Subway), Z - New York MTA Subway (The Subway))	2 min	5 min	0.3 mi
Halsey Street (J Line) (J - New York MTA Subway (The Subway))	3 min	6 min	0.3 mi
Rockaway Avenue (A,C Line) (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway))	2 min	8 min	0.4 mi
Ralph Avenue (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway))	2 min	11 min	0.6 mi
Bushwick Avenue-Aberdeen Street (L - New York MTA Subway (The Subway))	3 min	13 min	0.7 mi
Airport	Drive	Walk	Distance
LaGuardia	21 min	-	8.6 mi
John F Kennedy International	19 min	-	9.6 mi
Newark Liberty International	35 min	-	17.7 mi