Triumph
Listed by Triumph
$1,595,000
1408 Bushwick Ave
Details
Property Type Multifamily
Sub Type Apartment Building
Units 8
NOI $134,757
Year Built 1925
Stories 4
Multifamily | 8 Units
Marketing description
1408 Bushwick Avenue is a four-story, eight-unit walk-up rental building situated in the vibrant and rapidly evolving Bushwick neighborhood of Brooklyn. Constructed in 1925, this classic pre-war property spans four stories and offers a total of eight residential units, with a variety of well proportioned layouts.
The building is located just 0.1 miles from the Chauncey Street J/Z subway station and within easy walking distance of the L and A/C lines—providing residents with excellent connectivity to Manhattan, Williamsburg, and Ridgewood.
Positioned in Community District 4 and within City Council District 37, the property benefits from a strong local rental market, a growing population of creative professionals, and ongoing neighborhood revitalization. With its strategic location, historic architecture, and income-producing potential, 1408 Bushwick Avenue presents a compelling opportunity for investors seeking steady cash flow and long-term appreciation in one of Brooklyn’s most dynamic corridors
Listing Contacts
Triumph
Listed by Triumph
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$134,757.00
$11,229.75/mo
Valuation Metrics
0
DSCR
8.45%
Cap Rate
8.45%
ROI
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