Active Multi-Family
Bushwick
1242 Putnam Avenue, New York, NY 11221
Beds 6
Baths 7
Sq Ft 3600
Exclusive Listing by Nest Seekers LLC
$2,250,000

Description

Brand New to Market. Fully Renovated 3 Family Brick Townhouse [Delivered Vacant & Turn Key] * Located in an opportunity zone. * Live in the spacious owner's duplex w/backyard and rent the other two units for income. * Or rent the entire property and enjoy a 6.7% projected cap rate while the property appreciates. Building size: 20x45 [3,600sqft] Lot size: 20x100 Bedrooms: 6 Bathrooms: 6.5 Miscellaneous: 3 HVAC furnaces & condensers, 3 hot water heaters, 3 gas meters, 4 electric meters Notes: * Central HVAC with Nest WiFi thermostats * Fully equipped kitchens with matte black granite counters, large islands, green tile backsplash, and full sized appliances by GE * Whirlpool full sized washer / dryer [gas] in each unit [vented out] * Video intercom * Plumbing fixtures by Kohler & Delta * Bluetooth bathroom speakers * High ceilings on all floors * 8ft hardwood interior doors & moldings * Excellent closet space in each unit * Hardwood natural oak floors * LED lighting throughout * HD security cameras * Wired for TV and internet in each room * Oversized private outdoor spaces for each unit * Sound proofing between floors * New roof, windows, insulation, plumbing, electrical, etc. Projected rental income: Unit 1 = 2Bed 2.5Bath duplex with private backyard [$5,500] Unit 2 = 2Bed 2Bath with private terrace [$4,500] Unit 3 = 2Bed 2Bath with private roof [$5,000] TOTAL = $15,000/month = $180,000/year Approximate yearly expenses: Taxes: $3,014 Insurance: $3,600 Water & Sewer: $1,950 Garbage maintenance & cleaning: $1,800 Electrical: $480 Gas: $0 Repairs: $1,500 TOTAL = $12,344 Close to M, L subway lines at Myrtle-Wyckoff and J,Z lines at Gates Avenue. Tons of food, entertainment, cafes in the area including Bushwick Burger Co., Father Knows Best, Caffeine Underground, Eden Juice & Smoothie Bar, and more. Just a short uber/bike ride away to Ridgewood and Bedford-Stuyvesant.
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Map

Amenities

Roofdeck
Pets Allowed

Transportation

Subway lines nearby
Wilson Avenue and Woodbine Street
Gates Avenue and Central Avenue
Halsey Street / Central Avenue
Gates Av/Evergreen Av
Halsey Street and Evergreen Avenue
Wilson Avenue and Gates Avenue
Wilson Av/Halsey St
Gates Avenue and Bushwick Avenue
Halsey Street and Bushwick Avenue
Broadway and Madison Street
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Neighborhood

Schools
Piano and Keyboard lessons
P.S. 377 Alejandrina B. De Gautier
Achievement First North Brooklyn Prep Middle School
P.S. 299 Thomas Warren Field
Building Blocks Preschool
P.S. 106 Edward Everett Hale
Kinship Music Studios
David's Music Studio
Math, Engineering, and Science Academy Charter High School
Bushwick Community High School
P.S. 75
Former J.H.S. 296 Campus
Intermediate School
P.S. K053
Halsey Junior High School 296
Achievement First Bushwick Elementary School
P53K
The Anna Gonzalez Community School
Evergreen Middle School
Bushwick United Headstart II
Traditional Centers Broadway
Red Planet MMA Bushwick
People's Day Care and Elementary School
Hope. Gardens
Premier Safety Solutions
Information provided by MapBox
$2,250,000
favic
Undivided Crew