FREE-MARKET MIXED-USE CORNER BUILDING * PRIME BUSHWICK This three-story mixed-use corner building is located on the Bushwick/Williamsburg border and consists of one 1,375 SF retail space, five residential units totaling 2,750 SF, and additional income from a long-term sign. Each unit is beautifully renovated with hardwood floors, stainless steel appliances, dishwashers, and in-unit washer/dryer units, allowing you to secure a high rent roll. This building has the potential to produce a gross annual income of approximately $199,644.96 with a cap rate of 6.67%. At 4,125 SF, the building measures 25' x 55' and sits on a 1,946 SF lot measuring 25' x 77.83.' The building is just 15 minutes to Manhattan via the Williamsburg BQE. It is also just a 3-minute walk to the L train at Morgan Av and a 10-minute walk to the J & M trains at Flushing Av. Steps to popular Bushwick spots such as Robertas, The Johnson's, and Bunker. This is a prime corner building in a very trendy location.
Off market
$2,176,600
12 Wilson Ave, Brooklyn, NY 11237
9beds
4,125sqft
MultiFamily
Built in 1931
-- sqft lot
$2,176,600 Zestimate®
$528/sqft
$3,966 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
- Full bathrooms: 5
Appliances
- Included: Dishwasher, Dryer, Washer
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 4,125 sqft
Property
Lot
- Size: 1,946 sqft
Details
- Parcel number: 031480035
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1931
Community & neighborhood
Location
- Region: Brooklyn