1118 WILLOUGHBY AVE

1118 WILLOUGHBY AVE, BROOKLYN, NY 11237
$3,950,000

Cap Rate
6.00%
Units
6
Gross SQFT
4,275
Property Type
Apartments

INVESTMENT HIGHLIGHTS

  • Located on Willoughby Avenue between Knickerbocker & Wilson Avenues, one block to Bushwick Park
  • Just completed a top to bottom substantial renovation, building is in turnkey condition
  • 100% free market and tax protected, allowing future rent growth to outpace expenses
  • Historically high returns making this a perfect investment for equity, 1031, and long-term investors alike
  • Two blocks to the L train with direct access to Williamsburg and Union Square
  • Close proximity to numerous retail options, including markets, restaurants, art galleries and nightlife

Broker of Record

  • Cory Rosenthal
  • License No. 10991237833 (NY)
  • (866) 889-0550
  • Matthews Real Estate Investment Services, Inc
  • 1600 West End,
    Ste. 1500 Nashville, TN 37203