Apartment building, New York, USA

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Apartment building, New York, USA

$3,600,000
$6,569 /m²
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  • Total area
    548 m²
  • Yield
    4.7%
Details
Property parameters
  • 3-floor building
Financial performance
  • Annual income: $167,914

Three-storey residential house with commercial premises.

Description

Total area of the building is 548 m²

There are 2 street-retail units on the ground floor of the building. Upper floors include two 3-bedroom apartments.

The property can be delivered with one vacant street-retail unit.

Financial performance

Absolute annual income is 170,640 $.

The current yield of 4.7%.

Tenants

The tenant of the one of commercial units is a wireless service provider.

The lease agreement is valid through 2022 and includes extension options.

Location and nearby infrastructure

The apartment building is located in the southwestern part of Brooklyn. A railway station is situated within walking distance from the property. There are branches of such large companies as GNC, Foot Locker, Planet Fitness, Chase Bank, Vitamin Shoppe, Popeyes, Dunkin Donuts and McDonalds located in the area.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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