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80 Saint Nicholas Avenue Bushwick NY, 11237
$1,150,000
  • Sold
  • Year Built 1931
  • Mixed Use
  • ML# 3436910

Property Details

Overview

Calling All Investors, Developers & End-Users!!! 8.77 Cap 6 Unit Apartment Building With 2 Garages For Sale!!! The Building Features Excellent Signage, Great Exposure, Separate Meters, LED Lighting, New Electric, New Gas Lines, New Water Lines, New Silicone Roof, New Waste Lines, Renovated Apartments, 6 Parking Spaces, A/C, +++!!! Located In The Heart Of Upper Bushwick WIth Rooftop Views Of Manhattan!!! Neighbors Include CVS, Rite Aid, Capital One, TD Bank, Bank Of America, Blink Fitness, Dollar Tree, Dollar General, +++!!! The Property Offers EASY ACCESS TO MANHATTAN Via The Train & The Williamsburg Bridge!!! This Property Offers HUGE UPSIDE Potential!!! Income: 1L: $1, 553.25 Per Month ($18, 639 Ann.) 1R: $1, 496.82 Per Month ($17, 961.84 Ann.) 2L: $2, 242.73 Per Month ($26, 912.76 Ann.) 2R: $1, 514.70 Per Month ($18, 176.40 Ann.) 3L: $1, 904.77 Per Month ($22, 857.24 Ann.) 3R: $1, 997.52 Per Month ($23, 970.24 Ann.) Garage: $6, 000 Ann. Gross Income: $140, 790.12 Expenses: Gas: $6, 000 Ann. (Heating Only) Electric: $680 Ann. (Hallway & LL) Maintenance/ Repairs: $250 Insurance: $3, 823 Ann. Taxes: $11, 607.24 Ann. Total Expenses: $22, 360.24 Net Operating Income (NOI): $118, 429.88 (8.77 Cap)

Key Facts

  • Lot Size: 0.05
  • Lot Sq Ft: 2250
  • Taxes: $11,607
  • Sale or Rent: Sale
  • Zoning: R6
  • Block: 3211
  • Lot: 31

Additional Features

  • Stories: 3

Interior & Utilities

  • Heat: Natural Gas

Financial

  • Taxes: $11,607
  • Available: 2023-06-30
  1. Presented by

    Presented by Richard Matt Shane

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