Greene Avenue Brooklyn, NY 11221

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Greene Avenue Brooklyn, NY 11221

$2,100,000.00

  • Two contiguous mixed-use properties consisting of 5 residential units and a store in the Bushwick neighborhood of Brooklyn.
  • All apartments will be delivered vacant.
  • The store pays $3,500 every month with 5% increases a year ($200 a year increase).
  • Properties are located near Kosciuszko Street [J] Train Station.
  • Properties are also located near Central Avenue [M] Train Station.
  • Asking Price ~ $2,100,000
  • Projected Cap Rate ~ 7.84%

Details

  • Two contiguous mixed-use properties consisting of 5 residential units and a store in the Bushwick neighborhood of Brooklyn.
  • All apartments will be delivered vacant.
  • The store pays $3,500 every month with 5% increases a year ($200 a year increase).
  • Properties are located near Kosciuszko Street [J] Train Station.
  • Properties are also located near Central Avenue [M] Train Station.
  • Asking Price ~ $2,100,000
  • Projected Cap Rate ~ 7.84%

Additional Information

Asset Type

Mixed-Use

City

Brooklyn

Neighborhood

Bushwick

Broker

Sadya Liberow

Price

$2,100,000

Map

 

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

    Phone: 646.586.2091

    Fax: 646.767.6790

    Web: www.assetcrg.com