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225 Bushwick Ave
Brooklyn, NY 11206

Multifamily Property For Sale · 7 Units

PROPERTY FACTS

No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class C
Lot Size 0.06 AC
Building Size 5,500 SF
Average Occupancy 100%
No. Stories 4
Year Built 1920

Unit Amenities

  • Heating
  • Eat-in Kitchen
  • Hardwood Floors
  • Yard
  • Basement

About 225 Bushwick Ave , Brooklyn, NY 11206

Unique 7 Family + Store in Williamsburg! This is a wise investment! This property features: – 1st Fl: Retail Store (currently a Beauty Salon) w/ 800 sq ft – Total: 14 Bedrooms, 8 Bathrooms – 7 Residential Units; each is 2BR/1BTH Railroad Apartment – Full Semi-Finished Basement (currently used by the commercial tenant) – Hardwood floors – High ceilings – Massive backyard accessible to all tenants – Tenants pay their own Hot Water; Separate gas hot water heaters – *Only 1 Apartment currently has lease – Steps away from the Montrose L train. – Half a block from Ten Eyck Playground, equipped with a track & field, tennis courts and baseball field – Near all Williamsburg’s trendiest restaurants, shopping and nightlife Annual Rent: $153,840 Expenses: $20,000/Yr NOI: $133,840 Current Cap Rate: 7.05% w/ a room for growth! Building: 25 x 50 ft Lot: 25 x 105 ft Retail Space: 800 sq. ft. FAR: 1.90; Max FAR: 2.43 Zoning: R6, C1-3 This is a great investment! Call TODAY for a Full Set Up!

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 7 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03055-0002
Land Assessment
$9,450
Improvements Assessment
$495,450
Total Assessment
$504,900

zoning

Zoning Code R6 (Medium density residential zoning district.)
R6 (Medium density residential zoning district.)
  • Listing ID: 17231475

  • Date on Market: 9/18/2019

  • Last Updated:

  • Address: 225 Bushwick Ave, Brooklyn, NY 11206

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