For Sale
$3,250,000

230 Schaefer St Brooklyn, NY 11207

Bushwick multifamily investment opportunity. Six units, strong ROI.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional three-story apartment building, located at 230 Schaefer Street in the vibrant Bushwick neighborhood of Brooklyn, New York, presents a compelling investment opportunity. Built in 1910, the property boasts a total of 4,875 square feet and comprises six individual rental units, offering a price per unit of $541,667. The asking price for the entire building is $3,250,000, translating to a price per square foot of $666.67. Situated in Kings County, with a zip code of 11207, this property benefits from its location within a thriving and dynamic area of Brooklyn. The building's solid construction and established rental income stream make it an attractive prospect for investors seeking a stable and potentially appreciating asset in a high-demand market. The property's location offers easy access to local amenities, transportation, and the broader attractions of Brooklyn. This is a rare chance to acquire a well-maintained multifamily property in a prime Brooklyn location. The building's history and current condition represent a blend of classic charm and modern investment potential. Detailed financial information is available upon request.

Highlights

  • Exceptional three-story, six-unit apartment building in Bushwick, Brooklyn.
  • 4,875 square feet, asking price $3,250,000 ($666.67/SF, $541,667/unit).
  • Built in 1910, located in a high-demand area with strong rental income.
  • Prime Brooklyn location offering easy access to amenities and transportation.

Property Details for 230 Schaefer St

Property type
Apartment buildings
Square Feet
4,875 SF
Year Built
1910
Stories
3
Units
6

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6908515
Longitude
-73.9063972

FAQs

What type of property is this?
Apartment building - Bushwick multifamily investment opportunity. Six units, strong ROI.
Where is the apartment building located?
The property is located at 230 Schaefer St Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Exceptional three-story, six-unit apartment building in Bushwick, Brooklyn.; 4,875 square feet, asking price $3,250,000 ($666.67/SF, $541,667/unit).; Built in 1910, located in a high-demand area with strong rental income.
How can I contact the broker?
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230 Schaefer St
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