About 1239 Willoughby Avenue
1239-1241 Willoughby Ave & 243-246 Troutman St, Bushwick, NY 11237 Package Deal! Four 6 Family Properties in Prime Bushwick! This portfolio sale consists of four rent-stabilized buildings in a prime Bushwick right between DeKalb Ave L and Central Ave M train stations. The buildings are surrounded by restaurants, cafes, shops, boutiques, and bars. Total 24 rent-stabilized units including 5 vacant units. One of these buildings has an opportunity for a total rehab! The CAP Rate that buildings generate before debt service and management fees is 8%! All buildings are in R6 zoning. 1239 Willoughby Ave (Brick) Lot: 25 x 100 ft Building: 25 ft x 65 ft Taxes: $10,064/Yr 1241 Willoughby Ave (Brick) Lot: 25 x 100 ft Building: 25 ft x 65 ft Taxes: $10,064/Yr 243 Troutman St (Frame) Lot: 25 x 100 ft Building: 25 ft x 55 ft Taxes: $8,229/Yr 246 Troutman St (Frame) Lot: 25 x 100 ft Building: 25 ft x 60 ft Taxes: $6,856/Yr Full Set Up is Available for Each Building! *Disclaimer: All Information provided is deemed reliable but is not guaranteed and should be independently verified.
Features of 1239 Willoughby Avenue
MLS® # | 3532958 |
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Price | $3,900,000 |
Bedrooms | 48 |
Bathrooms | 24.00 |
Full Baths | 24 |
Square Footage | 18,375 |
Acres | 0.23 |
Year Built | 1931 |
Type | Residential |
Sub-Type | Multi Family |
Style | Townhouse |
Status | Active |
Community Information
Address | 1239 Willoughby Avenue |
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City | Bushwick |
County | Brooklyn |
State | NY |
Zip Code | 11237 |
Additional Information
Listing Details
Office | Capri Jet Realty Corp |
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Office Contact | 718-388-2188 |