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538 Bainbridge Street Unit 6 Brooklyn, NY 11233
$1,635,000
  • Commercial
  • 5585 SqFt
  • Year Built 1907
  • Misc
  • ML# 3550293

Property Details

Overview

Calling All Investors, Developers, & End-Users!!! 100% Occupied 6 Unit Free Market Apartment Building In Bushwick For Sale!!! The Property Features Excellent Signage, Great Exposure, Strong R6 Zoning, 6 Parking Spaces, High 10’ Ceilings, Separate Meters, Low Property Taxes, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Bushwick Just A Few Blocks Off Atlantic Avenue Near Highland Park!!! The Property Is Situated Minutes From The Barclays Center, Brooklyn Children’s Museum & The Prospect Park Zoo!!! Neighbors Include UPS, The Home Depot, Dunkin’, CubeSmart Self Storage, Walgreens, AutoZone, Planet Fitness, Blink Fitness, GameStop, Baskin-Robbins, Mobil, McDonald’s, Mavis Discount Tire, Family Dollar, Wendy’s, White Castle, KFC, +++!!! This Property Offers HUGE Upside Potential!!! Income: Unit 1L : $22, 572 Ann. Unit 1R: $31, 008 Ann. Unit 2L: $22, 200 Ann. Unit 2R: $21, 000 Ann. Unit 3R: $25, 896 Ann. Unit 3L: $22, 200 Ann. Gross Income: $144, 876 Ann. Expenses: Gas : $0 Ann. Electric: $0 Ann. Water + Sewer: $4, 335 Ann. Insurance: $5, 000 Ann. Taxes: $7, 786.42 Ann. Total Expenses: $17, 121.42 Ann. Net Operating Income (NOI): $127, 754.58 Ann. 7.81 CAP

Key Facts

  • SqFt: 5585.00
  • Lot Sq Ft: 2550
  • Taxes: $7,786
  • Sale or Rent: Sale
  • Zoning: R6
  • Block: 1510
  • Lot: 27

Additional Features

  • Parking Spaces: Yes
  • Parking Spaces: 6
  • Stories: 3

Financial

  • Taxes: $7,786
Listing Information provided courtesy of All Island Estates Realty Corp  516-783-5600
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