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231 Suydam Street

Listing no longer available on CityRealty as of Feb 21, 2024
It previously was on the market for a total of 72 days.
72 days on Market

Pricing History

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Key Details

  • Listed: Dec 11, 2023
    Days on Market: 72
    Building Type: Rental
    Neighborhood: Bushwick (Brooklyn)
Monthly Real Estate Taxes: $648
Total Taxes & Fees: $648 ($0.16/ft2)
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $7,335 ($1.78/ft2)
Note: the above is based on a down payment of 20% ($250,000), which is the minimum amount permitted by the building.

Description

This is a package sale offering for two properties: 252 Melrose Street and 231 Suydam Street in the Bushwick neighborhood of Brooklyn. 231 Suydam Street is a fully attached, three story building measuring 25x55 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.

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About 231 Suydam Street

Building Amenities

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