644 Wilson Ave, Brooklyn, NY 11207

$2,895,000
9
BD
6
BA
4,500
SqFt

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List Price
$2,895,000
Status
ACTIVE
MLS#
RLS20108020
Days on Market
0
Bedrooms
9
Bathrooms
6
Baths Full
5
Half-baths
1
Living Area
4,500
County
Kings
Subdivision
Bushwick
Neighborhood
Bushwick
Total Number of Rooms
20
Region
Brooklyn

Property Description

644 Wilson Avenue is a mixed-use investment opportunity with a 6.8% cap rage in the heart of Bushwick, just moments from the Wilson Avenue L train and surrounded by one of Brooklyn's strongest rental markets. The approximately 4,500-square-foot building features five FREE-MARKET residential apartments above a long-standing corner deli occupying the building's retail space - generating over $241,000 in annual income. The residential portion consists of four two-bedroom apartments and one one-bedroom apartment, all finished with updated interiors. Retail and residential utilities are separately metered, and each space has its own split heating and cooling system. With annual taxes of just $12,176 (Tax Class 2A), low operating costs, and consistent demand from renters in the neighborhood, 644 Wilson Avenue offers investors the opportunity to acquire a well-positioned asset with attractive long-term upside.

Additional Information

Interior Features
Smoke Free
View
Other
Number Of Units
6
Building Stories
3
Laundry
Other, Washer Hookup, In Unit
Pets
Yes, No
Entry Level
1
Taxes
$12,180

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Nicholas Andrew Hovsepian (nick.hovsepian@corcoran.com) from Listing Office: Corcoran Group.

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