241 Himrod St Brooklyn, NY 11237-4614
- Apartment buildings
- 4,350 SF
- 0.06 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 241 Himrod St
- Year built
- 1931
- Lot size
- 0.06 lot acres
- Property size
- 4,350 SF
- Zone code
- R6
- Property type
- Apartment buildings
- APN
- 03269-0048
- APU
- 32690048
Description
This exceptional investment opportunity presents a well-maintained, six-unit multifamily building located at 241 Himrod Street in the vibrant Bushwick neighborhood of Brooklyn, New York, and bordering Ridgewood, Queens. The property boasts a total of 4,350 square feet spread across three stories, offering a compelling mix of rental income and potential for future appreciation. Currently operating as a fully leased, cash-flowing asset, this building provides immediate returns for investors. Classified as a Tax Class 2A property, this designation offers significant tax advantages and protection. The building's strong occupancy rate and minimal deferred maintenance contribute to its attractive financial profile. The convenient location allows for efficient management operations, further enhancing its appeal. The property's proximity to both Bushwick and Ridgewood provides access to a diverse range of amenities and transportation options. This is a rare opportunity to acquire a stable, income-producing asset in a rapidly appreciating market, offering both immediate returns and significant long-term potential. The asking price is $1,770,000. This property is a must-see for discerning investors seeking a secure and profitable investment in a prime Brooklyn location.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,002,000
Market price range: $614k - $1.19M -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $895,000 Current use
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9197
- Latitude
- 40.7007
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA