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Corcoran Group

1477 Bushwick Avenue Brooklyn, Kings, NY 11207

Brooklyn, Kings, NY 11207

$1,425,000 USD
0.05 acres

The Details

Transaction Typefor sale
Property TypeCommercial
Built in1911
AvailableImmediately

About this home

his 25-foot wide Bushwick six-family rent-stabilized building currently delivers an immediate approximate capitalization rate of over 6% with room to grow to over 8% based on the legally registered rents. With six floor-through apartments and just two apartments per floor, tenants enjoy privacy and ease of access through two entries into each apartment. The entire full-height basement can be used for storage, la...
Web ID: 92702550
Listing Courtesy of CORE LONG ISLAND LLC, LI:819261

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