1118 Willoughby Ave, Brooklyn, NY 11237
6 Unit Apartment Building | $3,950,000 ($658,333/Unit) | 6% Cap Rate | Brooklyn, NY 11237
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $3,950,000
- Property Type
-
Multifamily
- Square Feet
- 4,275 SF
Listing Contacts
DJ Johnston
Verified Profile
Bryan Kirk
Verified Profile
Jermaine Pugh
Verified Profile
Henry Hill
Verified Profile
Henry Chardack
Verified Profile
- Property Info
Property Overview
Broker of Record
Cory Rosenthal
License No. 10311210106 (NY)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Cory Rosenthal
License No. 10311210106 (NY)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Details
- Class
- C
- Year Built
- 2024
- Stories
- 3
- Lot Size (sq. ft)
- 2,614 SF
- Units
- 6
Highlights
- Located on Willoughby Avenue between Knickerbocker & Wilson Avenues, one block to Bushwick Park
- Just completed a top to bottom substantial renovation, building is in turnkey condition
- 100% free market and tax protected, allowing future rent growth to outpace expenses
- Historically high returns making this a perfect investment for equity, 1031, and long-term investors alike
- Two blocks to the L train with direct access to Williamsburg and Union Square
- Close proximity to numerous retail options, including markets, restaurants, art galleries and nightlife
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