842 Hart St Brooklyn, NY 11237-3234
- Apartment buildings
- 5,250 SF
- 0.06 lot acres
Current Use by Public Records
- Twin Collective / Graphic Designer
Property Details for 842 Hart St
- Year built
- 1931
- Lot size
- 0.06 lot acres
- Property size
- 5,250 SF
- Zone code
- R6
- Property type
- Apartment buildings
- APN
- 03236-0016
- APU
- 32360016
Description
This exceptional three-story mixed-use building at 842 Hart Street in Brooklyn, NY, presents a compelling investment opportunity. Boasting 5,250 square feet, the property comprises six units, offering a strong cash flow with 100% occupancy under a tax-protected 2A classification. Located in the vibrant Bushwick neighborhood, this asset benefits from its proximity to similar properties, streamlining management and operational efficiency. The building's minimal deferred maintenance further enhances its appeal. The strategic location, spanning the border of Bushwick, Brooklyn and Ridgewood, Queens, provides access to a thriving and growing community. The current fully leased status ensures immediate return on investment, while the potential for short-term upside in free-market units offers significant long-term growth prospects. The property's address is 842 Hart Street, Brooklyn, NY 11237, within Kings County. This is a rare chance to acquire a stable, cash-flowing asset in a highly desirable location with inherent upside potential. The asking price is $1,000,000.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $245,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $225,000
Market price range: $223k - $288k
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Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9223
- Latitude
- 40.7021
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
