Asking Price
$1,250,000
Building Size
4,500 SF
Below-Grade Space
1,300 SF
Rear Yard
1,000 SF
Lot Size
2,500 SF
Zoning
R6
In-Place Gross Revenue
$107,300
Key Details
Comments
- Three-story renovated multifamily building spanning roughly 4,500 GSF above-grade with an additional 1,300 SF lower level
- Property is also just 2 blocks from the neighborhood park and is surrounded by some of Bushwick’s most well-known and visited restaurants, bars and shopping destinations
- Currently generates over $107k gross annually with long-term value-add potential as units are brought to market rate upon turnover
- Excellent turnkey investment asset with steady cash flow and low cost basis in one of Brooklyn’s most sought after and rapidly evolving neighborhoods
- Benefits from convenient access to 2 subway lines, L train a block away at Dekalb Av and M train 5 blocks away at Knickerbocker Av
Brokers
Request Pricing / Contact
For sale
1502 DeKalb Avenue, Brooklyn, NY
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