1373 Greene Avenue

For Sale$2,025,000

1373 Greene Avenue, Brooklyn, NY 11237

  • Multi-Family

1373 Greene Avenue, Brooklyn, NY 11237 - Multi-Family Space

1373 Greene Avenue is located at 1373 Greene Avenue in the Bushwick neighborhood, NY, Brooklyn, 11237. The Multi-Family building features a total of 2,105 Sqft.

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Details

  • Sale Price $2,025,000
  • City Brooklyn
  • Neighborhood Bushwick
  • Zip Code 11237
  • Property Type Multi-Family
  • Property Size 2,105 Sqft
  • Date Updated 06 Nov, 2019

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

Description

6 - UNIT TURNKEY BUSHWICK MULTIFAMILY BUILDING FOR SALE. The subject property is located on the west side of Greene Avenue between Irving and Knickerbocker Avenues. The building was gut renovated in 2009 with major improvements made to the individual units, upgraded common spaces, new appliances as well as the addition of a new gas boiler and roof. An investor can realize potential upside with units 2R and 2L renting at approx. $36/SF in a market that can garner $45/SF. Five (5) of the six (6) units are vacant and presents future ownership with the ability to deregulate and bring them to free market status. The garden level apartments have access to a private backyard and are duplexed into the basement. All of the tenants pay for their own utilities and have water boilers inside their apartments.

FREQUENTLY ASKED QUESTIONS

What is the total square footage of 1373 Greene Avenue?

1373 Greene Avenue totals 2,105 square feet.

Bushwick Demographics

The average household income in zip code 11237 is $69,731, from a total of 16,740 households. In terms of employment, there are 76.97 % white-collar and 23.03 % blue-collar jobs in zip code 11237.

Population

  • Total Population103,315
  • Male Population(48.4 %) 50,024
  • Female Population(51.6 %) 53,291
  • Median Age31.00

Income/Financial

  • Average Household Income$65,160
  • Median Household Income$43,698
  • Median Income Under 25$55,794
  • Median Income 25-44$64,141
  • Median Income 45-64$43,664
  • Median Income Over 65$23,575

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