Listed by eXp Realty White Plains
$1,000,000
1530 Gates Avenue
Details
APN 03345-0016
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 4,125
Units 6
Cap Rate 8.00%
NOI $78,970
Class C
Year Built 1931
Stories 3
Acreage 0.043
Zoning R6
Investment Type Stabilized
Bushwick 6 Family!
Marketing description
Don’t miss this solid 6-family multifamily property located in the heart of Bushwick, one of Brooklyn’s most dynamic and rapidly growing neighborhoods. This fully occupied building offers strong cash flow with an approximate 8% cap rate, making it an excellent addition to any investor’s portfolio. Conveniently situated near shopping, dining, nightlife, and multiple subway lines, this property provides both stability and future upside in a prime location.
Listing Contacts
Listed by eXp Realty White Plains
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$78,970.00
$6,580.83/mo
Valuation Metrics
0
DSCR
7.9%
Cap Rate
7.9%
ROI
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