Buy with Yoreevo
$1,485,530
List Price: $1,498,000
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1440 Dekalb Avenue
House in Bushwick •  building info
12bd • 6ba • 2,500ft² $599 per ft²
Buy with Yoreevo

$1,485,530

List Price

$1,498,000

Key Details
Days on market
74
Last price change
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Estimated payment
$9,430
Taxes
$686
Monthly maintenance
N/A
Description
Multi-Family 6-Units Brick Building with Elegant Architecture In The Heart of Bushwick, NY! R6 and C1-3 Zoning! All units are rent-stabilized, ensuing consistent cash flow. First floor apartments share backyard with a classic layout of 2 Bedrooms, Full Bath, Kitchen and Living Room on each apartment. Full Expansive Basement with Utility room. The property presents a compelling value proposition. With a current NOI of $60,083, the property demonstrates strong financial performance, offering stability and potential for growth. Leveraging the potential Pro-Forma NOI of $220,621, the property presents an enticing opportunity for savvy investors to maximize returns and capitalize on Bushwick's thriving market. Furthermore, R6 and C1-3 Zoning, this building allows further development to the building in order to meet the needs and demands of the commercial consumers by using the maximum allowable FAR. Close to public transportation - L train at Dekalb Station and local buses. Example building developments as seen on the Dekalb avenue for inspiration. Don't miss out on this great offer! Reach out today to explore its possibilities.

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Building Amenities
Parking Available
Building info

History
What it'll cost
Purchase price
$1,498,000
Asking Price: $1,498,000
Term
30 Years
Down Payment
$149,000 (10%)
Min: 10% (149,000)
Rate
6.75 %
Mortgage Amount
$1,348,200
Mortgage Payment
$8,744
Taxes
$686
Estimated Yoreevo rebate
$12,470
Estimated closing cost
$54,000
Total monthly cost $9,430
Buy your dream home with us and get an estimated
$12,470 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Prime America Inc

Information ©2024, OneKey MLS. All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.