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Property Description

PACKAGE DEAL! Two 6 Family Properties in Prime Bushwick! Current CAP Rate is 8.5%! This portfolio sale consists of 2 rent-stabilized buildings in a prime Bushwick right between DeKalb Ave L and Central Ave M train stations. The buildings are surrounded by restaurants, cafes, shops, boutiques, and bars. Total 12 rent-stabilized units including 1 vacant unit. Both buildings are in R6 zoning. These 2 properties can be sold together with 2 other six family properties at 243-246 Troutman St as a package deal. 1239 Willoughby Ave (Brick) Lot: 25 x 100 ft Building: 25 ft x 65 ft Taxes: $10,064/Yr 1241 Willoughby Ave (Brick) Lot: 25 x 100 ft Building: 25 ft x 65 ft Taxes: $10,064/Yr Full Set Up is Available for Each Building! *Disclaimer: All Information provided is deemed reliable but is not guaranteed and should be independently verified.

Overview

Property Status
Sold
Lot Size
5,000 Sq.Ft.
MLS ID
L3532958
Property Type
Commercial
Year Built
1931

Features & Amenities

Total Area
9,750 Sq.Ft.
Neighborhood
Bushwick
Water Source
Public
Lot Features
Level, Near Public Transit, Near School, Near Shops
Parking
On Street
Heat Type
Natural Gas, Hot Water
Air Conditioning
Wall/Window Unit(s)
Appliances
Gas Water Heater
Other Interior Features
Cathedral Ceiling(s), Eat-in Kitchen
Sewer
Shared
Middle School
Is 347 School Of Humanities
High School
Bushwick Community Hs
School District
Brooklyn 32
Sales Price
$2,225,000
Real Estate Tax
$20,128/yr
Zoning
R6

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1239 Willoughby Avenue

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1239 Willoughby Avenue
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