1371 Greene Avenue, Brooklyn, NY 11237

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$1,520,000
Active for Sale
 
Listing ID 11279848
Property Type Multi-Unit (5+)
County Kings
Township Bushwick
Neighborhood Bushwick
FEMA Flood Map fema.gov/portal
Year Built 1910
   
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Brick & Mortar is pleased to exclusive represent 1371 Greene Avenue. A turn of the century frame 6 unit building in the heart of Bushwick, steps to the L & M trains, and close to Maria Hernandez Park. At 25' wide by 82.23' deep, this property is on a prime lot in the heart of Bushwick. The building is built to 4,275 sf., and has a full basement. This 6 unit property is an income producer, and is good repair. The rear garden is sizable at 630 sf.. Low taxes , buildable FAR, and a steady rent roll, make this a solid investment. Setup upon request. 2 destabilized units, under market, 4 RS units.
Property Details
  • 6 Full Baths
  • 4275 SF
  • 2058 SF Lot
  • Built in 1910
  • Renovated 2018
  • 3 Stories
  • Available 6/01/2024
  • Full Basement
  • Lower Level: Unfinished
Exterior Features
  • Frame Construction
  • Aluminum Siding
  • Tar Roof
  • Municipal Water
  • Municipal Sewer
  • Near Bus
  • Near Train
Commercial Info
  • 5% Cap. Rate
Income/Expenses
  • Gross Income $109,020
  • Net Income $78,537
  • Paid by Landlord: Heat, Water, Insurance, Struct. Maint.
Listed By
BRICK & MORTAR LLC
Office: 646-373-1666
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