Multifamily Building at 285 Troutman Street in Brooklyn
FOR SALE
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$3,250,000
285 Troutman Street, Brooklyn, NY 11237
4,500 SF
Square Feet
$722
PPSF
5
Units
600.0K
PPU
6.20%
CAP
Property Description
Units
5 — PPU: 600.0K
NOI
$201,500
Cap Rate
6.20%
- Multifamily Building Spanning 4,500 SF Above Grade
- Prime Bushwick Location | Jefferson Street L-Train
- I-Card for Legal 5-Family | Condo Quality Finishes Throughout
- Four Flex/Office 3-Bedroom Apartments with 1 Bath
- One Floor Through 4-Bedroom Apartment with 2 Baths and Backyard Access
- Separate Utilities with Split Heating and Cooling
- Tax Class 2A - $12,895 Annual Tax Bill
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)
$319,680
Debt Service Coverage Ratio (DSCR)
1.73x
Cap Rate
9.84%
Cash Flow (Annual)
$134,800
Cash-on-Cash Return
16.59%
Monthly Debt Service
$15,407
Annual Debt Service
$184,880
View on Map
Address
285 Troutman Street
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Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale
No investors found in this market.
