OFF MARKET
252 Melrose
Kings, Bushwick, New York City, NY
OFF MARKET
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