1501 Broadway #HSE, Brooklyn, NY 11221
1501 Broadway #HSE, Brooklyn, NY 11221
1501 Broadway #HSE, Brooklyn, NY 11221
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Randy Reis

Randy Reis

+1(917) 435-4870
Listing Courtesy of Compass
$2,595,000
Est. payment /mo
12 Beds
7 Baths
8,500 SqFt
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UPDATED:

Key Details

Property Type Single Family, Mixed Use

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 8,500 sqft

Price per Sqft $305

Subdivision Bushwick

MLS Listing ID RLS20073968

Bedrooms 12

Full Baths 7

HOA Fees $325/mo

HOA Y/N Yes

Year Built 1915

Annual Tax Amount $26,928

Property Sub-Type Mixed Use

Property Description

Exceptional investment opportunity in Bushwick. This mixed-use property features one commercial space with a lease secured until 2032 and four residential units. Currently delivering a 7% cap rate, this property presents potential for increased returns. With strategic improvements or layout modifications, the cap rate could easily exceed 8%.
Detailed building setup information is available upon request.

Location

State NY

County Kings

Building 1501 Broadway

Rooms

Basement Full

Interior

Heating Central

Cooling Other

Flooring Hardwood

Fireplaces Number 1

Fireplaces Type Decorative

Furnishings Unfurnished

Fireplace Yes

Laundry See Remarks

Exterior

View Y/N No

Private Pool No

Building

Dwelling Type Multi Family,Mixed Use

Story 4

Entry Level Three Or More

Level or Stories Three Or More

New Construction No

Others

Tax ID 03380-0003

Ownership None

Monthly Total Fees $2, 569

Pets Allowed Building No, No

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NEARBY SCHOOL & BUSINESS

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Randy Reis

Randy Reis

+1(917) 435-4870

Team Leader | License ID: 40RE1176716

Team Leader License ID: 40RE1176716

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