130 Woodbine St

$1,498,000

Bushwick

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Apartment Details


The subject property is built as a 25' x 67', two story incoming generating building comprised of four apartments and an oversized finished basement with a separate entrance.

The lot is 25' X 100'. The building has a total square footage of approximately 3,354'.

Located on Woodbine Street a beautiful tree-lined block between Central Avenue and Evergreen Avenue in the Bushwick section of Brooklyn.

Currently configured as a legal four-family dwelling, there's no end to the possibilities for this desired investment opportunity.

This property is being conveyed with an extraordinary, approximate 2,725' of air rights.

There are 2 Three Bedroom Apartments

There are 2 Two Bedroom Apartments


All the Leases are scheduled to expire within 7-9 months

All the apartments have separate boilers & hot water heaters.

Built in 2005

Kept in immaculate condition

Laundry in building

Additional features: overhead lighting throughout and stripped hardwood flooring

Actual Rent Roll:

Unit 1F – $2,000 (Market rate $2200)

Unit 1R – To Be Delivered Vacant ($2600 Projected)


Unit 2F – $2,000 (Market rate $2200)

Unit 2R – $1700 (Market rate $2600)

Yearly Expenses: (Estimated)

Taxes: $19,694

Water/ Sewer = $6,000

Insurance = $1,500

Electric = $2,000

Courtesy of: Compass
Property: 130 Woodbine St

2005

Year Built

2

Stories


This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2020 REBNY Listing Service, Inc. All rights reserved.
About Bushwick

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Bushwick, a neighborhood in the borough of Brooklyn, borders Ridgewood (Queens), Williamsburg, and Bedford-Stuyvesant. Bushwick, an industrial stronghold in Brooklyn, is considered a comparable (not to mention less expensive) alternative to nearby Williamsburg. Bushwick straddles both its historically Hispanic roots and the evolving artist scene to create a vibe entirely its own.


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