Price Reduced 28.54%
Price History
$2,288,000
5/7/2024
$1,095,000
6/10/2024
$1,950,000
6/10/2024
$1,775,000
7/11/2024
$1,686,000
8/8/2024
$1,588,000
9/20/2024
$1,635,000
10/1/2024
538 Bainbridge Street, #6, Brooklyn, (Brownsville), NY, 11233
1907
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
Status:
Active
Town:
Brooklyn
Type:
Commercial
Units:
6
Zoning:
R6
Levels:
3
Acreage:
0.06
Est. Taxes:
$7,786
MLS #:
3550293
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of All Island Estates Realty Corp 516-783-5600