Overview

Calling All Investors, Developers & End-Users!!! 9.79 Cap 6 Unit Apartment Building For Sale!!! The Building Features Excellent Signage, Great Exposure, Separate Meters, LED Lighting, Full Basement, New Electric, New Gas Lines, New Water Lines, New Silicone Roof, New Waste Lines, Renovated Apartments, +++!!! Located In The Heart Of Bushwick!!! Neighbors Include CVS, Walgreens, Dollar Tree, Capital One, Rite Aid, +++!!! Many Of The Apartments Have Already Been Beautifully Renovated!!! Both Of The Renovated Penthouses Can Be Delivered Vacant!!! The Property Is Located Around The Corner From The Park & The Train Station!!! The Property Offers EASY ACCESS TO MANHATTAN Via The Train & The Williamsburg Bridge!!! 926 Hart Street Has Its Full Air Rights Intact!!! This Property Offers HUGE UPSIDE Potential!!! Income: 3L (2 Br Penthouse): $28, 800 Ann. (Available) 3R (2 Br Penthouse): $28, 800 Ann. (Available) 2R (2 Br): $15, 000 Ann. M-M 2L (2 Br): $15, 600 Ann. M-M 1R (2 Br): $16, 956 Ann. M-M 1L (2Br): $15, 240 Ann. M-M Storage: $23, 628 (Available) Gross Income: $144, 024 (Proforma) Expenses: Gas: $6, 000 (Heating Only) Electric: $680 (Hallway & LL) Maintenance/ Repairs: $250 Insurance: $3, 628 Taxes: $8, 852 Water & Sewer: $2, 258 Total Expenses: $21, 668 Net Operating Income (NOI): $122, 356 (Proforma 9.79 Cap!!!)