Brooklyn, NY 11237 276 Irving Avenue
$2,950,000



18 more



















Home Details
Calling All Investors, Developers & End-Users!!! 100% Occupied 8 Unit Apartment Building In Bushwick For Sale!!! The Building Features Excellent Signage, Great Exposure, High 9’ Ceilings, R6/C2-3 Zoning, New Roof, New Boiler, New Stoop, New Sidewalk, Skylight, All New LED Lighting, 6 Parking Spaces, +++!!! The Property Is Located In The Heart Of Bushwick Just Off Myrtle Avenue Only 2-3 Blocks From The L & M Trains!!! Neighbors Include Starbucks, Northwell Health, UPS, CubeSmart Self Storage, Extra Space Storage, Bath & Body Works, Raymour & Flanigan, Shake Shack, CVS, Dunkin’, Taco Bell, Qdoba, Popeye’s Louisiana Kitchen, Subway, White Castle, KFC, +++!!! The Property Offers Easy Access To Manhattan Via The Train & The Williamsburg Bridge!!! This Property Offers HUGE UPSIDE Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!Income:1L (2 Br. Apt.): $27,049.56 Ann.; Lease Exp.: 10/1/25.1R (2 Br. Apt.): $26,929.35 Ann.2L (2 Br. Apt.): $31,258.80 Ann.2R (2 Br. Apt.): $14,651.40 Ann.; 9/30/25.3L (2 Br. Apt.): $24,598.32 Ann.3R (2 Br. Apt.): $20,929.68 Ann.4L (2 Br. Apt.): $23,456.16 Ann.; Lease Exp.: 10/31/25.4R (2 Br. Apt.): $26,799.60 Ann.Billboard Sign: $2,000 Ann. Been Here 10+ Years. M-M.Gross Income: $197,672.87 Ann.Expenses:Gas: $4,872 Ann.Electric: $1,420 Ann.Maintenance/ Repairs: $250 Ann.Insurance: $4,622 Ann.Taxes: $12,839 Ann.Water & Sewer: $8,600 Ann.Total Expenses: $32,603 Ann.Net Operating Income (NOI): $165,069.87 (5.6% Cap)
Interior Features for 276 Irving Avenue
Other Interior Features
BasementSee Remarks
General for 276 Irving Avenue
Building Area UnitsSquare Feet
Number Of Units Total8
Additional Details
Price History

Gregory Berkowitz
Licensed Real Estate Salesperson