Cap Rate
5.58%
Units
3
Gross SQFT
2,633
NOI
$97,605
Property Type
Apartments
INVESTMENT HIGHLIGHTS
- Owner-User Potential: 3-family brownstone, prime for an owner-user to occupy one or more of the units and collect cashflow from the rest
- Fully Free-Market: The property is fully free market, allowing future ownership to capitalize on neighborhood improvement
- Tree-Lined Block: Located on a quiet residential block, lined with sophora and oak trees
- Transportation Accessibility: 1 block to Chauncey Street J & Z trains, 6 blocks to Bushwick Aberdeen L-train, 5 blocks to Rockaway Avenue C-train
- Efficient Layouts: Large air shaft provides spacious and bright unit layouts
- Low Maintenance: Building has been renovated and meticulously maintained, with no need for short term capital improvements
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