Raymond Mordekhai
Principal Broker / President
Exclusive listing
Six-Family building
$999,000
Category
Commercial
Square feet
3,960 sq ft
Listing type
For Sale
Property type
MultiFamily 4+units
City/Town
New York City
Borough/County
Brooklyn
Neighbourhood
Cypress Hills
ZIP code
11237
Description
Property Description
Six-Family building located in Prim North Bushwick Location. Both First floor units are vacant with legal Marshal evictions. Ideal opportunity for an owner/investor to combine units into a 1320 SF apartment. Income from other 4 apartments is ~ $36,000.00 per year. Tenants pay own electric and heat. There are new split units. Landlord pays for hot water.
Expenses
Taxes – $13,712.00
PLP Electric – $ 900.00
Gas (Hot Water) $3,600.00
Insurance: $7,000.00
Location Description
Prime Bushwick Location. Property is in North Bushwick near Williamsburg. Close to bus and Subway transportation. Minutes for food, shopping, and entertainment. Short hop to Manhattan.