This Multifamily Property is Off-Market.

175 Irving Avenue
Brooklyn, NY 11237 ·

6 Units · Multifamily For Sale

N/A

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Free Market Mixed Use Building

Price N/A Property Sub-type Mid/High-Rise
No. Units 6 Property Use Type Investment
Building Size 4,875 SF Cap Rate 8%
Property Type Multifamily Lot Size 2,500 SF
Listing ID: 17190970 Date Created: 06/07/2011 Last Updated: 11/21/2011

Description

The building consists of 5 free market apartments and a ground floor
commercial space. Despite the under market rents, none of the
apartments have any rent control or rent stabilization issues.
Accounting for free market level rents, the potential building
revenue is over $100,000/year.
The building has tremendous upside potential and is in an ideal
Bushwick location (located 1 block from the L DeKalb Ave subway
station).
4 of the units are two bedroom railroad style apartments and the
ground floor apartment is a two bedroom (not railroad) with
backyard access. The boiler was very recently replaced.
175 Irving Avenue, Brooklyn, NY 11237
Free Market Mixed Use Building (5 Family + Store) For Sale
Bushwick
Asking

The building is located on Irving Avenue between Stockholm Street
and Stanhope Street in the Bushwick neighborhood of Brooklyn.

Research

175 Irving Avenue, Brooklyn, NY 11237 (Kings County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

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