This is a package sale offering for two properties: 252 Melrose Street and 231 Suydam Street in the Bushwick neighborhood of Brooklyn. 252 Melrose Street is a fully attached, three story building measuring 25x58 SQFT with a full basement. The lot size is 25x100 SQFT. The zoning is R6 and the FAR is underutilized. Each building has six, rent stabilized apartments. Combined, there are twelve rentals with a gross income of $225,000 between the two properties. The occupancy rate is 83% with one vacancy in each building currently. The total purchase price for the package is $2,500,000. Please inquire for a setup sheet with the current rent rolls and expenses.
Features
6 bedrooms
6 bathrooms
4350 sq. ft. floor area
cottageMulti-Family
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Local market activity for 6 bedroom multi families in New York
Sold
For Sale
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