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Free Market Mixed Use Building; 6.5% - 1031 181 Irving Ave Local commercial 453 m² 100 % Loué À vendre Brooklyn, NY 11237 2 542 767 € (5 614,38 €/m²) Taux de capitalisation 6,50 %

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Informations principales sur l'investissement

Walkers Paradise on this Primary High Traffic Avenue, which is highly sought out by major chainstores, and franchises.
One Block from the Dekalb Ave Train Station
The building itself houses two popular community destinations: Bushwick Bark and Werkshop Coffee Co.

High Capitalization Rate of 6.5% - Ideal 1031 Exchange
Building has Nonregulated Rent.
Due to the growing young professional population, walkers paradise this commercial location is in demand for many Franchises.

Résumé analytique

INVESTMENT PROPERTY/1031 EXCHANGE: I am pleased to present this great opportunity to purchase this well-maintained mixed use building for sale at a 6.5% capitalization rate. The High Net Operating income of $191,878 is ideal for a 1031 exchange.
The 3 story brick building is fully occupied. There are (6 units) 4 modern residential (1 bedroom) apartments with new plumbing, electric, and wood floors above 2 commercial ground level storefronts. The modern, clean, finished basement with tiles is great for storage.This area is characterized by populated young professionals, and rapidly diversifying population with high pedestrian activity driven by its proximity to major transit hubs and local commercial "hot spots. The storefronts are in what is described as "Bushwick's trendiest section," in huge demand by franchises due to its demographics, high visibility, and 1 block proximity to the train station, paradise walk score, and close proximity to Wyckoff Heights Hospital, Myrtle Avenue, and Kinickboker Ave. The building itself houses two popular community destinations: Bushwick Bark and Werkshop Coffee Co. * Seller open to hear all reasonable offers.