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422 Bleecker St
Brooklyn, NY 11237
422 BLEECKER ST · Multifamily Property For Sale
·
6 Units
Investment Highlights
- Located on an idyllic Street in Prime Bushwick, one block from Wyckoff Avenue.
- Natural tenant turnover opens the opportunity for owner occupancy in the short term.
- Dimensions of 27’ x 70’ with air shafts provide spacious and bright layouts.
- The building is fully rent-stabilized and is currently fully occupied with 100% collections.
- Legal rents are 10% above preferential rents, offering the ability to increase returns.
- Well maintained, with little to no need for short-term capital improvements.
Property Facts
| No. Units | 6 | Lot Size | 0.06 AC |
| Property Type | Multifamily | Building Size | 4,778 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1931 |
| Building Class | C | ||
| Zoning | R6 - a medium-density residential zoning district for multiple-family dwellings | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 4,778 SF |
| No. Stories | 3 |
| Year Built | 1931 |
| Zoning | R6 - a medium-density residential zoning district for multiple-family dwellings |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 6 | - | - |
Property Taxes
| Parcel Number | 03312-0016 | Improvements Assessment | $693,900 |
| Land Assessment | $8,100 | Total Assessment | $702,000 |
Property Taxes
Parcel Number
03312-0016
Land Assessment
$8,100
Improvements Assessment
$693,900
Total Assessment
$702,000
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