The Corcoran Group is pleased to announce that it has been exclusively retained to facilitate the sale of the 6-family investment property located at 315 Schaefer Street in bustling Bushwick, Brooklyn. Well-located between Irving and Knickerbocker Avenues, the subject property is comprised of a five 2 bedroom 1 bath and one 1 bedroom 1 bath rental units just minutes from the A/C, L and J/Z train lines offering ease-of-access for residential renters. This handsome 20.5x70 brick building sits on a 25.5x100 lot with a currently fenced driveway that is shared with a neighboring house. This offering presents visionary landlords an opportunity to respond to New York's insatiable appetite for rental property. As pioneering projects have been selling out and boundaries continue to push further, this lovely emerging community is making a character of its own and becoming a hotspot as some of the best restaurants, boutiques and cafes continue to open up in Brooklyn. Offered at $999,000.
Current cap rate is 6.6%. Please inquire for a set-up.
Note: Corcoran is not an architect or a real estate attorney, all interested buyers should confirm the information provided.
