Advanced Search

$ 0 to $ 100,000,000

we found 0 results
Your search results

225 Bushwick Ave, Williamsburg, NY 11206

$ 2,499,000

225 Bushwick Ave,
,

add to favorites 
Property Id : 20427
Price: $ 2,499,000
Rooms: 21
Bedrooms: 14
Bathrooms: 8
Structure Type: Wood
Floors No: 4

About this property

Unique 7 Family + Store in Williamsburg!

This is a wise investment! This property features:
– 1st Fl: Retail Store (currently a Beauty Salon) w/ 800 sq ft
– Total: 14 Bedrooms, 8 Bathrooms
– 7 Residential Units; each is 2BR/1BTH Railroad Apartment
– Full Semi-Finished Basement (currently used by the commercial tenant)
– Hardwood floors
– High ceilings
– Massive backyard accessible to all tenants
– Tenants pay their own Hot Water; Separate gas hot water heaters
– *Only 1 Apartment currently has lease
– Steps away from the Montrose L train.
– Half a block from Ten Eyck Playground, equipped with a track & field, tennis courts and baseball field
– Near all Williamsburg’s trendiest restaurants, shopping and nightlife

Annual Rent: $153,840
Expenses: $20,000/Yr
NOI: $133,840
Current Cap Rate: 5.4% w/ a room for growth!

Building: 25 x 50 ft
Lot: 25 x 105 ft
Retail Space: 800 sq. ft.
FAR: 1.90; Max FAR: 2.43
Zoning: R6, C1-3

This is a great investment!

Call TODAY for a Full Set Up!

Amenities and Features

back yard
gas heat

Compare Listings