253 Saint Nicholas Avenue, Brooklyn, NY 11237

$1,250,000

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List Price
$1,250,000
Price Change
▼ $100,000 1773277768
MLS#
950326
Number Of Families
8
Status
ACTIVE
Lot Size
2399

Property Description

Solid 6% Return on Investment on this 8 Unit Income Generating building in the heart of Bushwick can't be missed. The building is well maintained with the building size of 26.67 wide and 70 deep. Natural gas heating system with a new boiler recently installed. Front and back 2 spacious bedrooms can easily turn into a 3 bedrooms at owner's choice. One guaranteed vacancy at the closing. Current rental incomes for 7 units are $112,920 annually and owner occupied unit will be vacant at closing for an annualized income at $132,120 less than annual expenses of $53,806.yeah

Additional Information

Year Built
1931
Total Taxes
17806
Heating
Natural Gas
Parking
Off Street
Basement
Partially Finished, Storage Space
Water
Public
Sewer
Public Sewer
Taxes
$17,806

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Lian Rong Sun CBR SFR (Ljsun@kw.com) from Listing Office: Keller Williams Rlty Landmark.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.