Apartment building, Brooklyn, New York, USA

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Apartment building, Brooklyn, New York, USA

3,200,000 $
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Total area: 362 m² Yield: 5.0%
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Features
  • Operating Incomе: 135,897 €
  • 3-floor building

An apartment building with a commercial premises on the ground floor in the north of Brooklyn.

Description

The building consists of three floors.

The residential area is 241 m².

The area of a commercial unit is 185 m².

Also there is a semi-finished basement of 185 m² in the building.

The house is equipped with newly installed sprinkler system and water lines.

The building is being converted from a two family to a four family with letter of no objection forthcoming soon. 

All premises are vacant. 

Financial performance

The cost of the property is $ 3,200,000.

Projected annual income is $ 160,000.

The projected yield of 5.0%. 

Location and nearby objects

The building is located in the north of Brooklyn, in the Greenpoint area. The public transport stops, a city park, cafes and restaurants and a car repair shop are situated in a walking distance from the house.

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Olga Starintseva
Real Estate Expert Tranio in Brooklyn
+44 17 4822 0039
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