Historical Multifamily Sale Listing - mixed-use

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mixed-use

161 Wilson ave, Brooklyn, NY 11237

N/A

5 Units | Multifamily

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store, plus 4 apts and 3 garage

Multifamily Property - Off Market

Price:
N/A
No. Units:
5
Building Size:
4,275 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
1.5%
Cap Rate:
7.80%
Occupancy:
100%
No. Stories:
3
Year Built:
1931
Lot Size:
2,500 SF
Listing ID
17096408
Last Updated
over 1 year ago

Description

*Store-Deli with 5yrs lease 4% increase yearly
*(4) 3 Br apts $1100/Month each with no lease, All Apts are below market price!!!.
*(3) garages $180/month each no lease.
*Monthly rental income $7240/month. Cap rate 7.8%
*Projection monthly income $7780. Cap rate 8.5%

*On the corner of Wilson Ave & Hart St,
*2 Blocks from M train Central Ave station.
*1 block from Knickerbocker Ave shopping area. super convenience location closed to all

Map of 161 Wilson ave, Brooklyn, NY 11237 (Kings County)

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Created 3/31/2011