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Multifamily

77 Jefferson Street

77 Jefferson St, Brooklyn, NY 11206

Listing Price: $2,695,000

Cap Rate
7.01%
Number of Units
6
GRM
11.13
Occupancy
100.0%
Price/Unit
$449,167
Price/Gross SF
$414.62
Gross SF
6,500

Investment Overview

Marcus & Millichap, is pleased to present the exclusive listing for the property located at 77 Jefferson Street in the Bushwick section of Brooklyn, NY.

Property Details:
Stories: 3 + Finished Basement
Dimensions: 25 feet wide along Jefferson St & 75 feet deep
Block: 03162; Lot: 0044
Square Footage: Approximately 6,500 square feet
Tax Class: 2A (Protected)
Amenities: Central A/C | In-Unit Washer/Dryer | Bike Room

Layout:

Basement:
Bike Room | Mechanicals | Unit 1R

First Floor:
2 apartments
1L - 2-bedroom, 1-bathroom – Rent Stabilized
1R - 3-bedroom, 2.5-bathroom, 2-office & backyard
1R is duplexed and free market

Second Floor:
2 apartments
2L - 3-bedroom, 1.5-bathroom – Free Market
2R - 2-bedroom, 1-bathroom – Rent controlled

Third Floor:
2 apartments (additional windows installed for loft lighting)
3L - 4-bedroom, 1.5-bathroom, Loft – Free Market
3R - 4-bedroom, 1.5-bathroom, Loft – Free Market

Investment Opportunity:
The building is currently cash flowing with 4 of the 6 units already fully renovated.
Potential to convert stabilized units to free market when rent laws loosen
Central Air Conditioning Installed | Bike Room

Location:
Located in Bushwick, Brooklyn, NY
Within walking distance to the Myrtle-Broadway J, Z & M Train Lines

Investment Highlights

  • 4 Gut Renovated Free Market Units
  • Receipts & Paperwork of Renovations Provided
  • 3 Duplexed Units w/ Large Layouts
  • 6,500 Gross Square Feet
  • Central A/C | Washer & Dryer | Bike Room

Exclusively Listed By

Multifamily

77 Jefferson Street

Listing Price: $2,695,000

Cap Rate
7.01%
Number of Units
6
GRM
11.13
Occupancy
100.0%
Price/Unit
$449,167
Price/Gross SF
$414.62
Gross SF
6,500

Investment Highlights

  • 4 Gut Renovated Free Market Units
  • Receipts & Paperwork of Renovations Provided
  • 3 Duplexed Units w/ Large Layouts
  • 6,500 Gross Square Feet
  • Central A/C | Washer & Dryer | Bike Room

Investment Overview

Marcus & Millichap, is pleased to present the exclusive listing for the property located at 77 Jefferson Street in the Bushwick section of Brooklyn, NY. Property Details: Stories: 3 + Finished Basement Dimensions: 25 feet wide along Jefferson St & 75 feet deep Block: 03162; Lot: 0044 Square Footage: Approximately 6,500 square feet Tax Class: 2A (Protected) Amenities: Central A/C | In-Unit Washer/Dryer | Bike Room Layout: Basement: Bike Room | Mechanicals | Unit 1R First Floor: 2 apartments 1L - 2-bedroom, 1-bathroom – Rent Stabilized 1R - 3-bedroom, 2.5-bathroom, 2-office & backyard 1R is duplexed and free market Second Floor: 2 apartments 2L - 3-bedroom, 1.5-bathroom – Free Market 2R - 2-bedroom, 1-bathroom – Rent controlled Third Floor: 2 apartments (additional windows installed for loft lighting) 3L - 4-bedroom, 1.5-bathroom, Loft – Free Market 3R - 4-bedroom, 1.5-bathroom, Loft – Free Market Investment Opportunity: The building is currently cash flowing with 4 of the 6 units already fully renovated. Potential to convert stabilized units to free market when rent laws loosen Central Air Conditioning Installed | Bike Room Location: Located in Bushwick, Brooklyn, NY Within walking distance to the Myrtle-Broadway J, Z & M Train Lines

Exclusively Listed By

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