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1219 Halsey St
Brooklyn, NY 11237
Multifamily Property For Sale
·
8 Units
Investment Highlights
- Facing south
- Reliable paying tenants
Executive Summary
Investment Opportunity 1219 Halsey Street, Bushwick, Brooklyn, NY 11237
8-Unit Multifamily Building Asking $1,089,000
Corcoran has been exclusively retained to market and sell 1219 Halsey Street - a fully occupied, income-producing 8-unit multifamily building situated in the heart of Bushwick, Brooklyn. Originally constructed in 1906, this classic four-story masonry walk-up is a study in both enduring character and modern operational efficiency, offering an investor a rare combination of immediate cash flow and meaningful long-term upside.
8-Unit Multifamily Building Asking $1,089,000
Corcoran has been exclusively retained to market and sell 1219 Halsey Street - a fully occupied, income-producing 8-unit multifamily building situated in the heart of Bushwick, Brooklyn. Originally constructed in 1906, this classic four-story masonry walk-up is a study in both enduring character and modern operational efficiency, offering an investor a rare combination of immediate cash flow and meaningful long-term upside.
Property Facts Under Contract
| Price Per Unit | $136,125 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 7.06% | Building Size | 6,889 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1906 |
| Apartment Style | Mid-Rise | ||
| Zoning | R6 - Medium density residential district | ||
| Price Per Unit | $136,125 |
| Sale Type | Investment |
| Cap Rate | 7.06% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.06 AC |
| Building Size | 6,889 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1906 |
| Zoning | R6 - Medium density residential district |
Amenities
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 8 | - | 861 |
Property Taxes
| Parcel Number | 03406-0060 | Improvements Assessment | $702,000 |
| Land Assessment | $6,750 | Total Assessment | $708,750 |
Property Taxes
Parcel Number
03406-0060
Land Assessment
$6,750
Improvements Assessment
$702,000
Total Assessment
$708,750
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