$1,635,000
538 Bainbridge ST #6 Brooklyn, NY 11233
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$1,635,000
Est. payment /mo
5,585 SqFt
Active
538 Bainbridge ST #6 Brooklyn, NY 11233
UPDATED:
11/20/2024 07:10 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,585 sqft
Price per Sqft $292
MLS Listing ID KEYL3550293
Originating Board onekey2
Rental Info No
Year Built 1907
Annual Tax Amount $7,786
Lot Dimensions 25.5x100
Property Description
Calling All Investors, Developers, & End-Users!!! 100% Occupied 6 Unit Free Market Apartment Building In Bushwick For Sale!!! The Property Features Excellent Signage, Great Exposure, Strong R6 Zoning, 6 Parking Spaces, High 10' Ceilings, Separate Meters, Low Property Taxes, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Bushwick Just A Few Blocks Off Atlantic Avenue Near Highland Park!!! The Property Is Situated Minutes From The Barclays Center, Brooklyn Children's Museum & The Prospect Park Zoo!!! Neighbors Include UPS, The Home Depot, Dunkin', CubeSmart Self Storage, Walgreens], AutoZone, Planet Fitness, Blink Fitness, GameStop, Baskin-Robbins, Mobil, McDonald's, Mavis Discount Tire, Family Dollar, Wendy's, White Castle, KFC, +++!!! This Property Offers HUGE Upside Potential!!! Income: Unit 1L : $22,572 Ann. Unit 1R: $31,008 Ann. Unit 2L: $22,200 Ann. Unit 2R: $21,000 Ann. Unit 3R: $25,896 Ann. Unit 3L: $22,200 Ann. Gross Income: $144,876 Ann. Expenses: Gas : $0 Ann. Electric: $0 Ann. Water + Sewer: $4,335 Ann. Insurance: $5,000 Ann. Taxes: $7,786.42 Ann. Total Expenses: $17,121.42 Ann. Net Operating Income (NOI): $127,754.58 Ann. 7.81 CAP
Location
State NY
County Kings (brooklyn)
Interior
Fireplace No
Exterior
Total Parking Spaces 6
Private Pool No
Building
Story 3
Others
Special Listing Condition None
Listed by All Island Estates Realty Corp
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