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188 Suydam St
Brooklyn, NY 11221
Multifamily Property For Sale
·
6 Units
Investment Highlights
- 100% free market walkup in prime Bushwick
- Protected tax class 2A
- Upside in rent roll, with 6.73% cap in place and expected 7.26% cap in the near term
- Download linked OM which contains current and projected rent rolls.
Executive Summary
Broker of Record
Cory Rosenthal
License # 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Cory Rosenthal
License # 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
| Price Per Unit | $400,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 7.26% | Building Size | 4,500 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1931 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | R6 | ||
| Price Per Unit | $400,000 |
| Sale Type | Investment |
| Cap Rate | 7.26% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 4,500 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1931 |
| Opportunity Zone |
Yes |
| Zoning | R6 |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Security System
- Refrigerator
- Oven
- Smoke Free
Site Amenities
- 24 Hour Access
- Security System
- Tenant Controlled HVAC
- Smoke Free
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
Property Taxes
| Parcel Number | 03218-0027 | Improvements Assessment | $568,350 |
| Land Assessment | $4,950 | Total Assessment | $573,300 |
Property Taxes
Parcel Number
03218-0027
Land Assessment
$4,950
Improvements Assessment
$568,350
Total Assessment
$573,300
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Videos
Matterport 3D Exterior
Matterport 3D Tour
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Street
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