Commercial Sale in Brooklyn, New York, Brooklyn, NY 11237 | Web ID: PH622055 | $2,950,000

Calling all investors, developers & end-users!!! 100% occupied 8 unit apartment building in bushwick for sale!!! The building features excellent signage, great exposure, high 9’ ceilings, r6/c2-3 zoning, new roof, new boiler, new stoop, new sidewalk, skylight, all new led lighting, 6 parking spaces, +++!!! The property is located in the heart of bushwick just off myrtle avenue only 2-3 blocks from the l & m trains!!! Neighbors include starbucks, northwell health, ups, cubesmart self storage, extra space storage, bath & body works, raymour & flanigan, shake shack, cvs, dunkin’, taco bell, qdoba, popeye’s louisiana kitchen, subway, white castle, kfc, +++!!! The property offers easy access to manhattan via the train & the williamsburg bridge!!! This property offers huge upside potential!!! This could be your next development site or the next home for your business!!! Income: 1l (2 br. Apt. ): $27, 049. 56 ann. ; lease exp. : 10/1/25. 1r (2 br. Apt. ): $26, 929. 35 ann. 2l (2 br. Apt. ): $31, 258. 80 ann. 2r (2 br. Apt. ): $14, 651. 40 ann. ; 9/30/25. 3l (2 br. Apt. ): $24, 598. 32 ann. 3r (2 br. Apt. ): $20, 929. 68 ann. 4l (2 br. Apt. ): $23, 456. 16 ann. ; lease exp. : 10/31/25. 4r (2 br. Apt. ): $26, 799. 60 ann. Billboard sign: $2, 000 ann. Been here 10+ years. M-m. Gross income: $197, 672. 87 ann. Expenses: gas: $4, 872 ann. Electric: $1, 420 ann. Maintenance/ repairs: $250 ann. Insurance: $4, 622 ann. Taxes: $12, 839 ann. Water & sewer: $8, 600 ann. Total expenses: $32, 603 ann. Net operating income (noi): $165, 069. 87 (5. 6% cap)