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Multifamily

Bushwick 3-Family Portfolio

177 Moffat St, Brooklyn, NY 11207

Listing Price: $8,300,000

Cap Rate
4.70%
Number of Units
15
Occupancy
100.0%
Price/Unit
$553,333
Price/Gross SF
$568.38
Gross SF
14,603

Investment Overview

Marcus & Millichap is pleased to present the Bushwick 3-Family Portfolio. The package consists of five 3-unit properties all with value add potential. All properties are fully occupied with no rental arrears. There is no deferred maintenance and ZERO DOB violations across all five properties. The buildings were renovated 10-15 years ago and offer significant upside with minor cosmetic upgrades to units.

Investment Highlights

  • Five 3-family buildings
  • Zero DOB violations in entire package
  • Value-add apartments | 10-15 year old renovations
  • 14,603 Total SF
  • $20,597 annual taxes

Exclusively Listed By

Multifamily

Bushwick 3-Family Portfolio

Listing Price: $8,300,000

Cap Rate
4.70%
Number of Units
15
Occupancy
100.0%
Price/Unit
$553,333
Price/Gross SF
$568.38
Gross SF
14,603

Investment Highlights

  • Five 3-family buildings
  • Zero DOB violations in entire package
  • Value-add apartments | 10-15 year old renovations
  • 14,603 Total SF
  • $20,597 annual taxes

Investment Overview

Marcus & Millichap is pleased to present the Bushwick 3-Family Portfolio. The package consists of five 3-unit properties all with value add potential. All properties are fully occupied with no rental arrears. There is no deferred maintenance and ZERO DOB violations across all five properties. The buildings were renovated 10-15 years ago and offer significant upside with minor cosmetic upgrades to units.

Exclusively Listed By

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