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  • Price$3,100,000
  • Beds11
  • Baths6
  • Sq. Ft.5,250
  • Built1931

550 Hart Street, Brooklyn

Excellent Investment opportunity in East Bushwick! Located exactly where your renters want to be, close to everything!. Conveniently 5 min walk to M train Central Ave Station or 8 Min walk to MJZ trains at Myrtle Ave station. Currently, set up as a 4 family building but could potentially be converted back to its original set up of a 6 family building. Building size 25 feet x 70 feet giving you a 5,250 square footage. The building sits on a lot of 25 feet x 97.5 feet. The current layout is as follow: 1st-Floor (owners duplex and backyard) 2nd Floor has 2 units - 2R (Lease Expires 11.15.19) 2F(Lease Expires 9.1.19 3rd Floor is a 1 unit. It has a current cap rate of 3.59% with a potential cap rate of 4.56% All units are in very good condition and have split units installed in order to save owner costs. All offers must be presented with a pre-approval or proof of funds. Don't miss out on the chance to own ideal 4 family building with the close proximity of Williamsburg and Lower Manhattan.

Essential Information

  • MLS® #4918356
  • Price$3,100,000
  • Bedrooms11
  • Bathrooms6.00
  • Full Baths6
  • Square Footage5,250
  • Acres0.00
  • Year Built1931
  • TypeMulti-Family 2-4
  • StatusActive

Amenities

  • AmenitiesBuilding Access - Walk Up
  • ParkingOther/See Remarks

School Information

  • DistrictNew York
  • ElementaryCity of New York
  • MiddleCity of New York

Community Information

  • Address550 Hart Street
  • AreaBrooklyn
  • CityBrooklyn
  • CountyKings (Brooklyn)
  • StateNY
  • Zip Code11221

Interior

  • HeatingSee Remarks
  • CoolingNone
  • Has BasementYes
  • BasementSee Remarks

Listing Details

  • Listing OfficeCompass
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The data relating to real estate for sale or lease on this web site comes in part from HGMLS. Real estate listings held by brokerage firms other than Monroe Realty Center. Inc are marked with the HGMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.

Information deemed reliable but not guaranteed.

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Listing information last updated on May 25th, 2019 at 5:43am EDT.