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1239-1241 Willoughby Ave & 243-246 Troutman St, Bushwick, NY 11237

$ 3,900,000

1239-1241 Willoughby Ave & 243-246 Troutman St,
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Property Id : 28034
Price: $ 3,900,000
Rooms: 72
Bedrooms: 48
Bathrooms: 24
Year Built: 1931
Floors No: 3

About this property

PACKAGE DEAL! Four 6 Family Properties in Prime Bushwick!

This portfolio sale consists of four rent-stabilized buildings in a prime Bushwick right between DeKalb Ave L and Central Ave M train stations. The buildings are surrounded by restaurants, cafes, shops, boutiques, and bars.

Total 24 rent-stabilized units including 5 vacant units. One of these buildings has an opportunity for a total rehab! The CAP Rate that buildings generate before debt service and management fees is 8%! All buildings are in R6 zoning.

1239 Willoughby Ave (Brick)
Lot: 25 x 100 ft
Building: 25 ft x 65 ft
Taxes: $10,064/Yr

1241 Willoughby Ave (Brick)
Lot: 25 x 100 ft
Building: 25 ft x 65 ft
Taxes: $10,064/Yr

243 Troutman St (Frame)
Lot: 25 x 100 ft
Building: 25 ft x 55 ft
Taxes: $8,229/Yr

246 Troutman St (Frame)
Lot: 25 x 100 ft
Building: 25 ft x 60 ft
Taxes: $6,856/Yr

Full Set Up is Available Upon Request!
Call TODAY for more details!

*Disclaimer: All Information provided is deemed reliable but is not guaranteed and should be independently verified.

 

Amenities and Features

Other Features
back yard
fenced yard
hardwood floors
High Ceilings
Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

Theo Eastwind

Licensed Real Estate Associate Broker

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