443 Bushwick AVE Active Save Request In-Person Tour Request Virtual Tour
Brooklyn,NY 11206
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 847611
Year Built 1931
Annual Tax Amount $11,843
Lot Size 1,986 Sqft
Property Sub-Type Triplex
Property Description
This is an excellent investment opportunity in Williamsburg, Brooklyn! The combination of a bustling commercial space with a restaurant and multiple residential units can provide a solid income stream. With a return rate close 7% and no renovations needed, The Annual gross income is nearly $175,440/year and monthly Gross income is $14,620, The Net income $139,445/year and monthly Net income $11,620. This is a location with a very high return on investment property, especially with stable tenants in place. The layout of two units per floor, with a mix of two-bedroom and one-bedroom apartments, caters to a variety of renters, which is a plus. The proximity to Broadway Commercial Street and access to multiple subway lines enhances its appeal, making it convenient for both residents and customers.
Location
State NY
County Kings (brooklyn)
Interior
Heating Natural Gas,Other
Cooling Wall/Window Unit(s)
Exterior
Utilities Available See Remarks
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None