Perfect Investor's Property!
Amazing 25ft wide brick townhome located in the very popular and growing Bushwick neighborhood with great access to trains and nightlife, very attractive to potential tenants! Building has been recently renovated and is in very good condition. This well laid out home will make for the perfect investment property; with all 5 units being 2 bedroom layouts attracting the highest possible returns ranging from $2,250-2,850/month, total rent roll of $153,600 per year and low expenses of $31,600 per year create over a 5% CAP rate this is one not to be missed!
Building being offered fully leased, turn-key investment. Commercial possibility on 1st floor.
Transportation is a breeze with nearby J, M, Z and L trains making the commute to downtown Manhattan approximately 25 minutes. The local neighborhood offers a plethora of restaurants, nightlife and cultures venues. Local attractions include The Platform Bar, Anda Lucia Bar, The Wilky Bar, Toad Style Restaurant, Macdonough Caf, Covert Coffee, Image Gallery, Stale Mater Gallery and many more
Showings beginning immediately.
Listing Agent: Daniel Fried
Courtesy of: Douglas Elliman 280 Metropolitan
Office Phone: 718.486.4400
Updated: 24th April, 2018 6:56 AM.
469 Central Avenue Brooklyn, NY