OFF MARKET

252 Melrose

Kings, Bushwick, New York City, NY

Asking

$1,250,000

BTC

19.834

ETH

403.37

Beds
6
Baths
6
Home Size
4,350 sq. ft.
Year Built
1931
This is a package sale offering for two properties: 252 Melrose Street and 231 Suydam Street in the Bushwick neighborhood of Brooklyn. 252 Melrose Street is a fully attached, three story building measuring 25x58 SQFT with a full basement. The lot size is 25x100 SQFT. The zoning is R6 and the FAR is underutilized. Each building has six, rent stabilized apartments. Combined, there are twelve rentals with a gross income of $225,000 between the two properties. The occupancy rate is 83% with one vacancy in each building currently. The total purchase price for the package is $2,500,000. Please inquire for a setup sheet with the current rent rolls and expenses.

LOADING

Location

Market Area
Kings
Neighborhood
Bushwick

Agents

Kristen Jock

+1 310 910 1722

Kashif Khan

+1 310 910 1722

Contact Email

[email protected]