Apartment building, Brooklyn, New York, USA

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Apartment building, Brooklyn, New York, USA

7,800,000 $
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Total area: 297 m² Yield: 6.2%
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Features
  • Operating Incomе: 389,730 €
  • 3-floor building
  • Occupancy: 100%

Apartment building with a restaurant on the ground floor.

Description

The property consists of a commercial unit on the ground floor, a studio apartment on the second floor, three bedroom apartments on the 3–4 floors.

Financial performance

The cost of the property is 7,800,000 $.

The projected annual income is 482,220 $.

The projected yield is 6.2%.

Tenants

The tenant is a Japanese restaurant.

Location

The property is located in the Williamsburg area in the north of Brooklyn, in a short walk from the ferry terminal.

The area is characterized by the highest asking retail rents in Brooklyn.

There is a metro station nearby.

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Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
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