- 30,592,000 $
- 4.7% yield
- Brooklyn Apartment building $3,200,000
- Basic parameters
- Photo
№ 1,713,918
Apartment building 362 m² in Brooklyn
$3,200,000
$8,839 /m²
- Apartments —
- Yield 5.0%
- Constructed —
- Price per key —
Key project parameters
- Total area
- 362 m²
- Floors
- 3
Project description
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.
Tenants
- Agreement
- n/a
Financial performance
- Yield
- 5.0%
The cost of the property is $ 3,200,000.
Projected annual income is $ 160,000.
The projected yield of 5.0%.
Location and nearby infrastructure
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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- annual yield
- From 15-17%
- investment exit horizon
- 2–3 years
- full support at every stage
- Turnkey deal
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
Providing transaction support
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
We will arrange a visit to the site to view one or more projects
Saving time
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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