1057 Jefferson Avenue
Property Description
Free-market three-family investment property Built in 1915 and subsequently gut renovated Three spacious 3-bedroom apartments First-floor duplex features three bathrooms Second- and third-floor apartments each feature two bathrooms First-floor duplex delivered vacant with an exclusive private backyard-an exceptional owner-user opportunity High ceilings throughout Washer and dryer in every apartment Approximately 3,000 SF building on a 20' x 100' lot Full basement Expansive private backyard Original decorative fireplace Located within a designated Opportunity Zone Strong in-place cash flow with additional rental upside Actual Gross Income: $137,820 R6 zoning with approximately 1,400 SF of additional buildable area Potential Gross Income: $152,808.00 Actual NOI: $125,882.00 Potential NOI: $140,870.05 Low annual property taxes of approximately $3,431.92 Prime Bushwick location near the L train, shopping, dining, and neighborhood amenities Owner-User Opportunity: Based on a 6.25% mortgage rate, approximately $7,435/month in rental income helps offset your monthly mortgage payment.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,350,000 |
| Year Built: | 1915 |
| Lot Size: | 3,000.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 9 |
| Number of Bathrooms: | 7 |
ID: 3yd-NYSMLS-11912861
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