Turnkey-Opportunity: Well-maintained building with upgraded utilities allowing for little to no short-term capital improvement requirements.
Bonus Unit: This property contains a fully finished basement with an office space offering a great owner user opportunity or an ADU to increase cashflows.
Zero Violations: This property currently has zero HPD, DOB, or ECB violations is proof of the condition, quality, and nonexistent issues with this opportunity
Premier Location: Located in the heart of Bushwick, this property is half a block away from Knickerbocker Avenue – a vibrant mix of acclaimed restaurants, boutique retail, and creative workspaces.
Tax Class Protection: Designated as a 2A Tax Class property, capping tax increases at 8% annually or 30% over five years.
Transit-Oriented Location: Located 2-4 blocks from Knickerbocker Avenue M-Line and Myrtle-Wyckoff Ave L-Line.