Listed by Matthews
$1,350,000
49 Saint Nicholas Ave
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,832
Net Rentable (SqFt) 5,832
Units 6
Cap Rate 6.56%
NOI $88,561
Pro-Forma Cap Rate 6.75%
Pro-Forma NOI $91,075
Price per SqFt $231
Broker Co-Op Yes
Buildings 1
Stories 3
Lot Size (SqFt) 2,700
Zoning R4
27' Wide | Prime Bushwick | Jefferson L Train
Marketing description
Please reference the OM linked above.
Investment highlights
27’ wide brick six family in prime Bushwick location, on Jefferson L Train
Two of the six units are renovated and free market
Protected tax class 2A
Download linked OM which contains current and projected rent rolls.
Listing Contacts
Listed by Matthews
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$88,561.00
$7,380.08/mo
Valuation Metrics
0
DSCR
6.56%
Cap Rate
6.56%
ROI
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