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1440 Dekalb Avenue

Bushwick, NY 11237
  • $1,498,000
  • STATUS: Active
  • ON SITE: 59 Days
  • MLS #: 3551477
UPDATED: 75 min ago
$1,498,000
  • 12
    BEDS
  • 0.06
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1931
County:
Area:

School Information

Description

6-Family, Classic Brick Building with Elegant Architecture In The Most Desirable Location Of Bushwick NY! All units are rent-stabilized and the property is being sold as-is condition with all tenants in place. Each floor consist of 2 apartments with the classic layout of 2 Bedrooms, Full Bath, Kitchen and Living Room. Full Expansive Basement with Utility room. First floor apartments share backyard. Close to public transportation - L train at Dekalb Station and local buses. The property presents a compelling value proposition. With a current NOI of $60,083, the property demonstrates strong financial performance, offering stability and potential for growth. Leveraging the potential NOI of $220,621 with pro forma, the property presents an enticing opportunity for savvy investors to maximize returns and capitalize on Bushwick's thriving market. Furthermore, R6 and C1-3 Zoning, this building allows further development to the building in order to meet the needs and demands of the commercial consumers by using the maximum allowable FAR. Example building developments as seen on the Dekalb avenue for inspiration. *Do not miss this great offer!!!*

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© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Douglas Elliman Real Estate. Data last updated: 2024-07-13T21:20:19.207.
www.searchlongislandrealestate.com/homes/150505118
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1440 Dekalb Avenue Bushwick, NY 11237

  • Price: $1,498,000
  • Status: Active
  • On Site: 59 Days
  • Updated: 75 min ago
  • MLS #: 3551477
12
Beds
6
Baths
0
½ Baths
0.06
Acres
1931
Built
Neighborhood:
Brooklyn
County:
Brooklyn
Area:
Brooklyn
Elementary School:
Ps 106 Edward Everett Hale
Middle School:
Academy For Environmental Ldship
High School:
Academy Of Urban Planning-Engineerin
School District:
Brooklyn 32
Property Description
6-Family, Classic Brick Building with Elegant Architecture In The Most Desirable Location Of Bushwick NY! All units are rent-stabilized and the property is being sold as-is condition with all tenants in place. Each floor consist of 2 apartments with the classic layout of 2 Bedrooms, Full Bath, Kitchen and Living Room. Full Expansive Basement with Utility room. First floor apartments share backyard. Close to public transportation - L train at Dekalb Station and local buses. The property presents a compelling value proposition. With a current NOI of $60,083, the property demonstrates strong financial performance, offering stability and potential for growth. Leveraging the potential NOI of $220,621 with pro forma, the property presents an enticing opportunity for savvy investors to maximize returns and capitalize on Bushwick's thriving market. Furthermore, R6 and C1-3 Zoning, this building allows further development to the building in order to meet the needs and demands of the commercial consumers by using the maximum allowable FAR. Example building developments as seen on the Dekalb avenue for inspiration. *Do not miss this great offer!!!*
Exterior Features

Architectural Style Apartment Attached Garage YN No Construction Materials Brick Cross Street Knickerbocker Av Lot Features Historic DistrictNear Public Transit Parking Features On Street Property Attached YN Yes

Interior Features

Basement Details Full Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplaces Total 0 Heating Natural GasHot Water Hot Water Gas Stand Alone Number Of Kitchens 6 Rooms Total 24

Property Features

Community Features ParkNear Public Transportation Lease Considered YN No MLSArea Minor 13 New Construction YN No Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 6 Property Sub Type Multi Family Senior Community YN No Sewer Public Sewer Tax Annual Amount 8229 Tax Annual Amount1 8229 Water Source Public Zoning Description R6C1-3

Listing courtesy of Lakpa Tamang of Prime America Real Estate Inc: 347-725-3142
© 2024 OneKey MLS. All rights reserved.


© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Douglas Elliman Real Estate. Data last updated: 2024-07-13T21:20:19.207.
 
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