12 Wilson Ave, Brooklyn, NY 11206

1 Photo
 
$2,395,000 List Price
Off Market
 
Listing ID 10943744
Property Type Multi-Unit (5+)
County Kings
Township Kings
Neighborhood Bushwick
FEMA Flood Map fema.gov/portal
Year Built 1931
   
Virtual Tour

FREE-MARKET MIXED-USE CORNER BUILDING • PRIME BUSHWICK

This free-market three-story mixed-use corner building is located on the Bushwick/Williamsburg border and consists of one 1,375 SF retail space, five residential units totaling 2,750 SF, and additional income from a long-term sign. Each unit is beautifully renovated with hardwood floors, stainless steel appliances, dishwashers, and in-unit washer/dryer units, allowing you to secure a high rent roll. One apartment has the possibility to be turned into a duplex for a higher potential rent. This building has the potential to produce a gross annual income of approximately $210,444 with a cap rate of 7.3%. At 4,125 SF, the building measures 25' x 55' and sits on a 1,946 SF lot measuring 25' x 77.83.' The building is just 15 minutes to Manhattan via the Williamsburg BQE. It is also just a 3-minute walk to the L train at Morgan Av and a 10-minute walk to the J & M trains at Flushing Av. Steps to popular Bushwick spots such as Robertas, The Johnson's, and Bunker. This is a prime corner building in a very trendy location.
Property Details
  • 4125 SF
  • Built in 1931
  • 3 Stories
Unit Information
Unit #2 – Rent Price: 2237, Occupied
Exterior Features
  • Near Bus
  • Near Train
Community Details
  • Walk-up (Bldg. Style)
Commercial Info
  • 7% Cap. Rate
Income/Expenses
  • Gross Income $210,444
  • Net Income $182,963
  • Total Exp $27,481
Previously Listed By
EVERGREEN REALTY & INVESTMENTS
Office: 646-838-1378
Request More Information
Request Showing
Role Agent Buyer
Your Preferred Date & Time
Showing Type:
Listing data is deemed reliable but is NOT guaranteed accurate.
Contact Us
Who Would You Like to Contact Today?

I want to contact an agent about this property!

I wish to provide feedback about the website functionality

Contact Agent
Your Name:
Email:
Phone:
Message:
Security: What is 5 plus 4?