8-Unit Multifamily Building at 439 Bleecker Street
FOR SALE
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$2,250,000
439 Bleecker Street, Brooklyn, NY 11237
7,000 SF
Square Feet
$321
PPSF
8
Units
200.0K
PPU
11.50%
CAP
Property Description
Units
8 — PPU: 200.0K
NOI
$258,750
Cap Rate
11.50%
- 8-Unit Multifamily Building Spanning 6,540 Gross SF on a 25' x 100' Lot
- Delivered 100% Vacant with CONH's | Prime Bushwick Location
- Prime Bushwick Location and Residential Block | Proximity to Nightlife, Cafe's, Maria Hernandez Park & Wyckoff Medical Center
- Dekalb/Wyckoff Avenue L Train and Seneca Avenue M Train
- Asking: $2,295,000 | $328/Sqft | Pro Forma 12.6% Cap Rate
Property Details
Asset Type
MultiFamily
Year Built
1931
Zoning
R6
Neighborhood
Bushwick
Submarket
Brooklyn
ZIP
11237
Listing Type
sale
30 years
10 years
Net Operating Income (NOI)
$410,507
Debt Service Coverage Ratio (DSCR)
3.21x
Cap Rate
18.24%
Cash Flow (Annual)
$282,514
Cash-on-Cash Return
50.22%
Monthly Debt Service
$10,666
Annual Debt Service
$127,994
View on Map
Address
439 Bleecker Street
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Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale
No investors found in this market.
