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.
Active
$1,880,000
443 Bushwick Ave, Brooklyn, NY 11206
10beds
6,384sqft
Multi Family
Built in 1931
-- sqft lot
$-- Zestimate®
$294/sqft
$-- HOA
What's special
- 145 days |
- 497 |
- 22 |
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