Description
This Bushwick, Brooklyn property offers a prime investment opportunity with its legal 3-family designation and an estimated renovated market value of $2.2 million. Key highlights include:
Lot and Building Dimensions: Set on a 20x100 lot with a building size 20x55.
Zoning: Situated in an R6 zoning area, allowing for development potential.
Interior Layout: Features 3 bedrooms and 2 full bathrooms.
Property Taxes: Benefit from a low tax rate of $3,900.
Location: Ideally located with easy access to dining, supermarkets, and public transportation.
Investment Potential: An all-cash purchase is required, making it ideal for investors. The property is fully gutted and ready for restoration with new plumbing, electrical systems, insulation, and more.
Renovation Plans: Comes with architect-approved renovation plans.
This property is a fantastic opportunity for investors looking to capitalize on the vibrant and growing Bushwick neighborhood.
Location
265 Covert Street, New York City, NY 11207
Listing courtesy of Saeed Sabooni
