Bushwick, NY

COMMERCIAL

Address: ‎1501 Broadway

Zip Code: 11221

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$2,875,000

ID # 11241260

English

Broker Contact

                                                 

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ID #‎ 11241260
Construction Year1925
Taxes
(per year)
$23,093
Broker Website
Broker Link
Bus0 min to Q24
2 min to B26, B7
6 min to B20, B47, B52
7 min to B60
Subway2 min to J
6 min to Z

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房屋英文概況 English Description

Don't miss this exceptional opportunity at a 7% projected cap rate to acquire a Free Market, 5-unit mixed-use building situated at the crossroads of two of the most trendy neighborhoods in Brooklyn: Bushwick and Bedford-Stuyvesant. Positioned on Broadway, a bustling corridor with high and diverse foot traffic, this expansive property occupies a 25ft x 80ft lot and boasts over 8500 square feet of rentable space. Of this, 1500+ square feet are dedicated to a fully leased commercial store, while the remaining area comprises of four oversized and lofty residential units with potential for rent increases. Additionally, beneath the commercial section lies an additional 1500 square feet, offering potential rent as storage space, a laundry facility, or flexible space. With diligent upkeep over the years, this property stands as a great turnkey investment opportunity. Situated along the vibrant street of Broadway and adjacent to the J train (Halsey Station), it promises to be a valuable asset in any investment portfolio, delivering steady income and long-term appreciation.

公司的物业 Office Listings
Courtesy of Oxford Property Group

公司: ‍212-300-6412




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$2,875,000

COMMERCIAL
ID # 11241260
‎1501 Broadway
Brooklyn, NY 11221


Listing Agent(s):‎
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Office: ‍212-300-6412

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