$1,499,000
$1,600,000
6.3%For more information regarding the value of a property, please contact us for a free consultation.
551 Knickerbocker AVE Bushwick, NY 11221
Key Details
Sold Price $1,499,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID H6038393
Sold Date 11/30/20
Originating Board onekey
Property Description
Fantastic Opportunity in the Heart of Bushwick Perfect Income Producing Investor Deal: 100% Turnkey Renovated Units BUILDING INFORMATION > 3 stories-COMMERCIAL STORE on Ground Floor & 2 renovated residential units on 2nd and 3rd Floors. > 3,300 SF: building measures 20' x 55' > 1600 SF lot; measures 20' x 80 > ANNUAL INCOME POTENTIAL $132,000 Store $50,400 + 2 Apt $81,600 > Mint condition, high cap rate & Rate of Return UNIT INFORMATION > 1100 SqFt Store on Ground Floor + Full Finished Basement > All apartments 100% GUT RENOVATED featuring top of the line kitchens with stainless steel appliances including microwaves/dishwashers/Washer Dryer > Apt 1: 3 bedroom 2 bathroom, microwaves/dishwashers/Washer Dryer, SPLIT AIR CONDITIONER & Water Heater > Apt 2: 3 bedroom 2 bathroom, microwaves/dishwashers/Washer Dryer, SPLIT AIR CONDITIONER & Water Heater BUILDING LOCATION: > 2 minute walk from the M & L trains (Myrtle-Wyckoff Ave station)
Location
State NY
County Brooklyn
Zoning R6-C1-3
Interior
Heating Electric, Natural Gas, Forced Air, See Remarks
Cooling Ductless, Wall Unit(s)
Fireplace N
Appliance Dishwasher, Dryer, Oven, Refrigerator, Washer
Building
Sewer Public Sewer
Water Public
Structure Type Brick
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