Loading…Loading…Bedford-Stuyvesant, Brooklyn
$1,500,000
If you're looking for a truly excellent investment opportunity in a prime Brooklyn location look no further than 1099 Broadway. Located in Bushwick on one of the busiest commercial corridors and only steps to the JMZ trains you would be hard pressed to find a better deal. Delivered completely vacant at closing this building has a foot print of 23x50 and sits on a lot of 23x100. It is spans over 3,400 square feet and is comprised of two very large three bedroom apartments each over 1,000 square feet, the commercial space is also over 1,000 square feet and could be home to any number of businesses. There is also a basement that stretches length and width of the building that can be coupled with the commercial space for added rental income. The zoning is great at R6/C2-3 the FAR is 2.43 and the ability to expand is possible. This is an excellent deal, perfect for a 1031 exchange. The projected rent roll is upwards of $10,000 per month, the expenses are limited and the possibilities are endless.
Listing agent
Listing courtesy Claudette Rolling, Compass
Listing information for New York City properties is provided in part courtesy of the Real Estate Board of New York's Residential Listing Service (RLS). All information is deemed reliable but not guaranteed and should be independently verified. Equal Housing Opportunity.