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3-Family in Bushwick

Bianca D'Alessio

This listing was posted on Nest Seekers (via Nest Seekers).

$2,500,000

3-Family in Bushwick

Price:
$2,500,000
BR/BA:
6 BR, 6.5 BA
Location:
1242 Putnam Ave, Brooklyn, NY
Description:

WebID 3637455 Brand New to Market. Fully Renovated 3 Family Brick Townhouse [Delivered Vacant & Turn Key]* Located in an opportunity zone.* Live in the spacious owner's duplex w/backyard and rent the other two units for income.* Or rent the entire property and enjoy a 6.7% projected cap rate while the property appreciates.Building size: 20x45 [3,600sqft]Lot size: 20x100Bedrooms: 6Bathrooms: 6.5Miscellaneous: 3 HVAC furnaces & condensers, 3 hot water heaters, 3 gas meters, 4 electric metersNotes:* Central HVAC with Nest WiFi thermostats* Fully equipped kitchens with matte black granite counters, large islands, green tile backsplash, and full sized appliances by GE * Whirlpool full sized washer / dryer [gas] in each unit [vented out]* Video intercom* Plumbing fixtures by Kohler & Delta * Bluetooth bathroom speakers* High ceilings on all floors* 8ft hardwood interior doors & moldings* Excellent closet space in each unit* Hardwood natural oak floors* LED lighting throughout* HD security cameras* Wired for TV and internet in each room* Oversized private outdoor spaces for each unit* Sound proofing between floors* New roof, windows, insulation, plumbing, electrical, etc.Projected rental income:Unit 1 = 2Bed 2.5Bath duplex with private backyard [$5,500]Unit 2 = 2Bed 2Bath with private terrace [$4,500]Unit 3 = 2Bed 2Bath with private roof [$5,000]TOTAL = $15,000/month = $180,000/yearApproximate yearly expenses:Taxes: $3,014Insurance: $3,600Water & Sewer: $1,950Garbage maintenance & cleaning: $1,800Electrical: $480Gas: $0Repairs: $1,500TOTAL = $12,344Close to M, L subway lines at Myrtle-Wyckoff and J,Z lines at Gates Avenue. Tons of food, entertainment, cafes in the area including Bushwick Burger Co., Father Knows Best, Caffeine Underground, Eden Juice & Smoothie Bar, and more. Just a short uber/bike ride away to Ridgewood and Bedford-Stuyvesant. 1242 Putnam Ave Bushwick private roof access outdoor garden Roof Deck entire house Laundry Room full floor apartment floor-through apartment Garden duplex layout Basement ensuite bath High Ceilings Back Yard Virtual Doorman Dining Area Abundant Closets Deck Finished basement Investment Property Hardwood Floors Dishwasher BBQ Central Air Conditioning Courtyard washer dryer Fireplace Balcony Terrace Michael McDonagh tel: 212.252.XXXX mobile: 401.578.XXXX XXXX@nestseekers.com Bianca D'Alessio mobile: 914.282.XXXX XXXX@nestseekers.com
Property Type:
Multi-Family Residences for Sale
Sq feet:
3,600 sq. ft.
Amenities:
AC, Dishwasher, Doorman, Fireplace, Internet Access, Patio/Deck, TV, Washer Dryer, Wood Floors
For sale by:
Agent/Broker
Agent Name:
Bianca D'Alessio
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