7% Current Cap Rate! Amazing opportunity to own a 13000 Square Feet brick building in Williams burg nearby the Lorimer L train and Marcy Avenue JMZ stations. Building is composed of two to three bedrooms, where 15 of the 16 apartments have been nicely renovated in the last 3 years. Possible upside for higher income in the building. Ask for pictures and floor plans. Income is 326k with a potential to earn more in the future and expenses are currently about $80k.
12,994 Sq.Ft. LIVING AREA
3,650 Sq.Ft. lot
From first-time home buyers, to those who purchased multiple times across multiple neighborhoods - it is our promise to you, that you will have the full service support of a personable and knowledgeable team behind you. Clients become friends, and friends are treated like family.