ID # | 11392800 |
Construction Year | 1931 |
Broker Website | |
Bus | 1 min to B38, B54, B60 |
9 min to B13, B46, B47, B57 | |
10 min to B52, Q24 | |
Subway | 3 min to M |
9 min to J, L | |
LIRR | 1.9 miles to "Nostrand Avenue" |
2 miles to "East New York" | |
Semi-attached six-unit building Located in prime Bushwick Total building size: 4,500 sq ft Lot dimensions: 25 x 90.5 (2,263 sq ft) Actual gross annual income: $94,557.72 Units: 1R: Section 8 tenant 2R: Rent paid through HRA since 2023 (2 year lease) 3R: Free-market unit (month-to-month) 1L, 2L, 3L: Rent-stabilized units Free market unit is fully renovated, including a new dishwasher and washer/dryer. 2A Tax Class: Capped annual tax increases 5.67 Actual cap rate. 6.81 Potential cap rate. Steps away from the L and M trains.