272 Himrod Street, Bushwick, Brooklyn | 6 Unit Multifamily | $2,700,000

Home/Investment Sales/Exclusive Investment Sales/272 Himrod Street, Bushwick, Brooklyn | 6 Unit Multifamily | $2,700,000

272 Himrod Street, Bushwick, Brooklyn | 6 Unit Multifamily | $2,700,000

$2,700,000.00

  • Description: 6-unit Multi-Family Building for Sale
  • Neighborhood: Bushwick
  • Lot Size: 2,500 SF (25′ X 100′)
  • Building Size: 4,350 SF (25′ X 58′)
  • Number of Stories: 3
  • Parking: No
  • Zoning: R6
  • FAR: 2.43
  • Total Buildable: 6,075 SF +/-
  • Cross Streets: Irving Avenue & Knickerbocker Avenue
  • Year Built: 1931
  • Transportation: [M], [L] subway lines at Myrtle-Wyckoff Avenue
  • Nearby Retailers: Rite Aid, Game top, Citibank, Blink Fitness, Bank of America, T-Mobile, Foot Locker and more.
  • NOI: $165,790
  • CAP Rate: 6.14%
  • Asking Price: $2,700,000

Offering Memorandum

Details

  • Three story multi-family building 
  • Consisting of six units
  • There is no boiler in the building and the two RS tenants have new electric base board heat
  • All building systems have been replaced with new electrical, new plumbing, individual hot water heaters and boilers
  • Building Size of 4,350 SF
  • Price – $ 2,700,000
  • NOI – $ 165,790
  • GRM – 14.06
  • CAP – 6.14 %

Additional Information

Asset Type

Multifamily

City

Brooklyn

Neighborhood

Bushwick

Broker

Daniel Hakimain

Price

$ 2,700,000

Map

 

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