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58 St Nicholas Avenue

New York NY 11237

8
6
4800 sq. ft.
1800 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

DEAL OF THE CENTURY, CASH DEAL OR HARD MONEY ONLY! Solid six (6)-family rent stabilized building in prime Bushwick area, a lot of potential, building 20x80, lot 20x90, totaling 4,800 sqft interior space. It consists of four 1 bedroom apartments and two 2 bedroom apartments. 7 electric meters and 7 gas meters, new boiler and hot water tank. Annual gross income is approximately $53,000, expense $27,000, and net income $26,000. Sold as is with all paying tenants, fully occupied. Annual property tax is $14,810. Priced to sell. Excellent location, close to all! Buyers are responsible for all violations and are advised to do their own due diligence. SOLD AS IS. Proof of fund required prior to any showing. Any reasonable offer will be considered! All showings and open houses by appointment only

Features

8 bedrooms
6 bathrooms
4800 sq. ft. floor area
1800 sq. ft. lot size
Multi-Family

Happy sellers in New York

85%
85% of sellers in New York reported that their sale price either exceeded or met their price expectations.

New York stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in New York over the last 12 months.

Local market activity for 8 bedroom multi families in New York

In the last 12 months, 2 eight-bedroom multi families similar to 58 St Nicholas Avenue, have been sold.

This represents a 67% increase in eight-bedroom multi families sales when compared to the previous 12 months.

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