Calling All Investors, Developers & End-Users!!! 100% Occupied 8 Unit Apartment Building In Bushwick For Sale!!! The Building Features Excellent Signage, Great Exposure, High 9’ Ceilings, R6/C2-3 Zoning, New Roof, New Boiler, New Stoop, New Sidewalk, Skylight, All New LED Lighting, 6 Parking Spaces, +++!!! The Property Is Located In The Heart Of Bushwick Just Off Myrtle Avenue Only 2-3 Blocks From The L & M Trains!!! Neighbors Include Starbucks, Northwell Health, UPS, CubeSmart Self Storage, Extra Space Storage, Bath & Body Works, Raymour & Flanigan, Shake Shack, CVS, Dunkin’, Taco Bell, Qdoba, Popeye’s Louisiana Kitchen, Subway, White Castle, KFC, +++!!! The Property Offers Easy Access To Manhattan Via The Train & The Williamsburg Bridge!!! This Property Offers HUGE UPSIDE Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: 1L (2 Br. Apt.): $27,049.56 Ann.; Lease Exp.: 10/1/25. 1R (2 Br. Apt.): $26,929.35 Ann. 2L (2 Br. Apt.): $31,258.80 Ann. 2R (2 Br. Apt.): $14,651.40 Ann.; 9/30/25. 3L (2 Br. Apt.): $24,598.32 Ann. 3R (2 Br. Apt.): $20,929.68 Ann. 4L (2 Br. Apt.): $23,456.16 Ann.; Lease Exp.: 10/31/25. 4R (2 Br. Apt.): $26,799.60 Ann. Billboard Sign: $2,000 Ann. Been Here 10+ Years. M-M. Gross Income: $197,672.87 Ann. Expenses: Gas: $4,872 Ann. Electric: $1,420 Ann. Maintenance/ Repairs: $250 Ann. Insurance: $4,622 Ann. Taxes: $12,839 Ann. Water & Sewer: $8,600 Ann. Total Expenses: $32,603 Ann. Net Operating Income (NOI): $165,069.87 (5.6% Cap)

Listing courtesy of All Island Estates Realty Corp matthewshane8828@gmail.com


Based on information submitted to the MLS GRID as of 2025-06-06 05:41 PM EDT. 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.