Bushwick, NY 11221,551 Knickerbocker AVE

$1,499,000

Est. payment /mo

$1,600,000

6.3%
Est.Price: ?

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551 Knickerbocker AVE Bushwick, NY 11221

SOLD DATE : 11/30/2020

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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Listed by Exit Realty Premium • 718-829-2300
Bought with Exit Realty Premium

D. Gloria Hernandez

Agent | License ID: 10301205200

+1(914) 441-0980

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