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243 Troutman St Brooklyn, NY 11237

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Pending
$1,700,000

Two six-family properties in prime Bushwick location.

Property Features for 243 Troutman St

General Information

Standard status
Pending

Building Details

Year built
1931

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Listing Contact
Theo F. Eastwind
Source: Exitrealty

Listing Agency: Capri Jet Realty Corp Listing Agent: Theo F. Eastwind

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Two Bushwick Multifamily Properties

This portfolio sale features two rent-stabilized six-family properties situated in Bushwick, conveniently located between the DeKalb Avenue L and Central Avenue M train stations. The surrounding area offers a variety of restaurants, cafes, shops, boutiques, and bars. The properties consist of a total of 12 rent-stabilized units, including 2 vacant units. Both buildings are zoned R6. One of the properties, located at 243 Troutman St, has a lot size of 25 ft x 100 ft and a building size of 25 ft x 55 ft, with annual taxes of $8,229. The second property, located at 246 Troutman St, has a lot size of 25 ft x 100 ft and a building size of 25 ft x 60 ft, with annual taxes of $6,856. The current CAP Rate is 8.1%. These two properties can be sold together with two other six-family properties at 1239-1241 Willoughby Ave as a package deal.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.926791
Latitude
40.702927

FAQs

What type of property is this?
Apartment building - Two six-family properties in prime Bushwick location.
Where is this apartment building located?
The property is located at 243 Troutman St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: - Enjoy an impressive 8.1% CAP Rate; - Two 6-family rent-stabilized buildings in prime Bushwick location; - Proximity to DeKalb Ave L and Central Ave M train stations
More about this property
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