MultiFamily Property at 316 Suydam Street in Brooklyn
$1,350,000
316 Suydam Street, Brooklyn, NY 11237
5,250 SF
Square Feet
$257
PPSF
6
Units
200.0K
PPU
6.99%
CAP
Property Description
Units
6 — PPU: 200.0K
NOI
$94,365
Cap Rate
6.99%
The New York Multifamily team is pleased to offer 316 Suydam St, a 6-unit Multifamily Property at Bushwick neighborhood for $1,350,000.
- 6-Unit Multifamily Building Spanning 5,250 Gross SF on a 25' x 100' Lot
- Prime Bushwick Location and Residential Block | Directly on Maria Hernandez Park
- Dekalb Avenue L-Train and Knickerbocker M-Train
- Extensive Paperwork Backup Available
Property Details
Asset Type
MultiFamily
Lot Size
2,500 SF
Neighborhood
Bushwick
Submarket
Brooklyn
ZIP
11237
Renovated
1931
Listing Type
sale
Net Operating Income (NOI)
$149,711
Debt Service Coverage Ratio (DSCR)
1.95x
Cap Rate
11.09%
Cash Flow (Annual)
$72,914
Cash-on-Cash Return
21.60%
Monthly Debt Service
$6,400
Annual Debt Service
$76,796
View on Map
Address
316 Suydam Street
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Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale
No investors found in this market.
