The Shmuel team is proud to present 148 Moffat, a beautiful lime stone two family home. At the moment it is configured as two rental units. The bottom unit has a fully built basement 2 bathrooms and 3 bedrooms. The top is a 3 bedroom with a full bathroom. The building dimensions are 20 feet wide by 54 feet deep! Both units are currently rented to qualified tenants given the future home buyer a solid return of 5.6%. GROSS INCOME: 12 X 6,825 = $81,900. EXPENSES: $8,750 (Real Estate Taxes: $3,450 - Insurance: $2,300 - Water / Sewer: $800 - Electricity / Heat: $1,500 - Repairs / Misc: $700). NET INCOME: $73,150 = 5.6% ROI. All of this only blocks from some of Bushwick's hottest local destinations including Father Knows Best, Routine Bushwick, Ridgewood Yoga, Trans Pecos, the Broadway corridor and hip restaurants like The Evergreen, Salud Bar & Grill, Industry1332, Nowadays, Houdini Kitchen Labratory and plenty more... ! Close to the Halsey, Broadway, & Wilson J & L train stops!
Listing Agent: Yogev (Yogi) Shmuel
Courtesy of: Douglas Elliman 140 Franklin St
Office Phone: 212.965.6000
Updated: 23rd June, 2017 11:41 PM.
148 Moffat St Brooklyn, NY