58 Saint Nicholas 6 Avenue New York NY, 11237 Community District 32 SD# 32
$475,000
8 Beds / 6 Full Baths | ML# 3582200
Property Picture

DEAL OF THE CENTURY, CASH DEAL OR HARD MONEY ONLY! Solid six (6)-family rent stabilized building in prime Bushwick area, a lot of potential, building 20x80, lot 20x90, totaling 4, 800 sqft interior space. It consists of four 1 bedroom apartments and two 2 bedroom apartments. 7 electric meters and 7 gas meters, new boiler and hot water tank. Annual gross income is approximately 53, 000, expense 27, 000, and net income 26, 000. Sold as is with all paying tenants, fully occupied. Annual property tax is 14, 810. Priced to sell. Excellent location, close to all! Buyers are responsible for all violations and are advised to do their own due diligence. SOLD AS IS.

    Presented by Barry Paley
    Barry Paley Licensed Real Estate Salesperson 516-503-4242 516-865-1800 Barry@BarryPaley.com