$1,880,000

443 Bushwick Avenue, Brooklyn, NY 11206

  • 5,584 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1931
  • Property Lot Size Icon1,986sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $337/sqft
  • Property List Date Icon Listed 2 months ago

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.

Listing Status:
Active
Listing Office:
E Realty International Corp : 718-886-8110
MLS ID:
847611
  • General: Other
  • Basement: See Remarks
  • A/C: Wall/Window Unit(s)
  • Heating: Natural GasOther

This listing courtesy of E Realty International Corp

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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