Details
- Four story mixed-use building in the Bedford-Stuyvesant neighborhood of Brooklyn.
- The building consists of 6 apartments and 1 store.
- Each residential unit was a 2-bedroom railroad style apartment that was converted into a 1-bedroom boxed style apartment.
- The property was gut renovated in 2003.
- The property has 4% escalations annually.
- Property is steps away from Myrtle Avenue [M,J,Z] Train Station.
- Price ~ $3,300,000
- Cap Rate ~ 5.25%
- GRM ~ 15.9