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
Information provided by MapBox
Neighborhood
Schools
Piano and Keyboard lessons
114 Woodbine St, Brooklyn, New York 11221, United States
P.S. 377 Alejandrina B. De Gautier
200 Woodbine St, Brooklyn, New York 11221, United States
Achievement First North Brooklyn Prep Middle School
200 Woodbine St 2nd floor, Brooklyn, New York 11221, United States
P.S. 299 Thomas Warren Field
88 Woodbine St, Brooklyn, New York 11221, United States
Building Blocks Preschool
Brooklyn, New York 11221, United States
P.S. 106 Edward Everett Hale
1328 Putnam Ave, Brooklyn, New York 11221, United States
Kinship Music Studios
222 Palmetto St, Brooklyn, New York 11221, United States
David's Music Studio
Knickerbocker Ave, Brooklyn, New York 11221, United States
Math, Engineering, and Science Academy Charter High School
231 Palmetto St, Brooklyn, New York 11221, United States
Bushwick Community High School
231 Palmetto St, Brooklyn, New York 11221, United States
P.S. 75
147 Linden St, Brooklyn, New York 11221, United States
Former J.H.S. 296 Campus
125 Covert St., Brooklyn, New York 11207, United States
Intermediate School
Brooklyn, New York 11207, United States
P.S. K053
125 Covert St., Brooklyn, New York 11207, United States
Halsey Junior High School 296
125 Covert St., Brooklyn, New York 11207, United States
Achievement First Bushwick Elementary School
125 Covert St., Brooklyn, New York 11207, United States
P53K
125 Covert St., Brooklyn, New York 11207, United States
The Anna Gonzalez Community School
Brooklyn, New York 11207, United States
Evergreen Middle School
125 Covert St., Brooklyn, New York 11207, United States
Bushwick United Headstart II
331 Central Ave, Brooklyn, New York 11221, United States
Traditional Centers Broadway
1469B Broadway, Brooklyn, New York 11221, United States
Red Planet MMA Bushwick
1449 Broadway, Brooklyn, New York 11221, United States
People's Day Care and Elementary School
1491 Broadway, Brooklyn, New York 11221, United States
Hope. Gardens
230 Linden St, Brooklyn, New York 11221, United States
Premier Safety Solutions
1501 Broadway, Brooklyn, New York 11221, United States
Information provided by MapBox
$2,250,000