Listed by Matthews
$2,395,000
393 Bleecker St
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,400
Net Rentable (SqFt) 5,400
Units 6
Cap Rate 6.63%
NOI $158,808
Occupancy 100%
Pro-Forma Cap Rate 7.27%
Pro-Forma NOI $174,211
Price per SqFt $444
Broker Co-Op Yes
Buildings 1
Stories 3
Lot Size (SqFt) 2,500
Zoning R6
Investment Type Value Add
6 Units | 2,500 SF
Marketing description
Please reference the OM linked above.
Investment highlights
Brick six family with five of six units renovated and free market
Currently under leased, with estimated 8-10% upside in rent roll
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
$158,808.00
$13,234.00/mo
Valuation Metrics
0
DSCR
6.63%
Cap Rate
6.63%
ROI
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