Broadway, Brooklyn, NY 11206

Broadway, Brooklyn, NY 11206

$3,300,000.00

  • 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

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

Additional Information

Asset Type

Mixed-Use

City

Brooklyn

Neighborhood

Bedford Stuyvesant

Broker

Mark Akilov

Price

$3,300,000

Map

 

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    215-15 Northern Boulevard,
    3rd Floor
    Bayside, NY 11361

    Phone: 646.586.2091

    Fax: 646.767.6790

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