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Apartments For Sale • 4,875 SF
| Minimal Rent Regulation: Five of the six units are free market and renovated. |
| Cashflow + Upside: Currently grossing $210K / year, with natural upside as Bushwick continues to appreciate. |
| Highly Efficient: Each renovated unit is responsible for their own utilities. |
| Owner-User Opportunity: The building and neighborhood lend well to a hybrid owner/user/investor living in one or more of the units and renting out the |
| Transportation Accessibility: The L and M train lines are within 3-5 blocks away, offering access to Williamsburg and Union Square within 25 minutes. |
| Protected Tax Class: 2B tax class limits tax increases to no more than 8% a year or 30% over 5 years. |
| Cap Rate: | 6.62 % |
| 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) | 7 min | - | 2.8 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) | 9 min | - | 2.9 mi |
| Transit/Subway | Drive | Walk | Distance |
| Central Avenue (M - New York MTA Subway (The Subway)) | 1 min | 6 min | 0.3 mi |
| Knickerbocker Avenue (M Line) (M - New York MTA Subway (The Subway)) | 1 min | 7 min | 0.4 mi |
| DeKalb Avenue (L Line) (L - New York MTA Subway (The Subway)) | 2 min | 8 min | 0.4 mi |
| Jefferson Street (L - New York MTA Subway (The Subway)) | 2 min | 9 min | 0.5 mi |
| Morgan Avenue (L - New York MTA Subway (The Subway)) | 4 min | 13 min | 0.7 mi |
| Airport | Drive | Walk | Distance |
| LaGuardia | 17 min | - | 7.2 mi |
| John F Kennedy International | 22 min | - | 11.6 mi |
| Newark Liberty International | 31 min | - | 17.1 mi |
David Caba
Matthews Real Estate Investment Services
David Caba
Matthews Real Estate Investment Services
