172 Wilson Avenue #2A
About This Property
Bushwick is considered one of the most rapidly evolving neighborhoods and has been coined as a "bohemian enclave.? The area is a host to experimental art, avant-garde performance, affordable craft cocktails and sustainable dining. The neighborhood's relaxed "go local? philosophy makes it easy to immerse oneself in Bushwick's abundant culture.
In addition to the already exciting restaurant and bar scene, 10 new venues are slated to open in Bushwick and Ridgewood such as Lorenzo's: an upscale Argentine/Peruvian Restaurant, Pitangas Juice: Bushwick's new social temple to healthy living, Chuko Bushwick: serving delicious bowls of steaming ramen, Supercrown Coffee Roasters: dreaming up inventive menu items and The Bad Old Days: expect walls of books, classic cocktails, and a six-tap beer list at this kickstarter-backed new dive bar to name a few.
Conveniently located 2 blocks to the Central Ave M train stop, 5 blocks to the Kosciuszko Street J train stop and less than 4 blocks to the Dekalb Ave L train stop.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Dec 22, 2016 | Sold to Nora Chan, Brice Loiacono | ||
Sold to Nora Chan, Brice Loiacono | |||
Jan 14, 2016 | Listed by Douglas Elliman Real Estate | $869,000 | |
Listed by Douglas Elliman Real Estate |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
11/15/2016
|
2 Bed
|
3 Bath
|
1473 ft²
|
$1,095,000
2 Bed
3 Bath
1473 ft²
|
$1,069,160
-2.36%
01/20/2017
|
Jessica Peters
Douglas Elliman Real Estate
| ||
10/14/2016
|
3 Bed
|
3 Bath
|
1470 ft²
|
$1,195,000
3 Bed
3 Bath
1470 ft²
|
$1,300,000
+8.79%
06/12/2017
|
-
|
Jessica L Peters
Douglas Elliman Real Estate
| |
03/16/2016
|
3 Bed
|
3 Bath
|
1322 ft²
|
$1,150,000
3 Bed
3 Bath
1322 ft²
|
$1,200,000
+4.35%
01/17/2017
|
-
|
Jessica L Peters
Douglas Elliman Real Estate
| |
02/17/2016
|
2 Bed
|
2 Bath
|
1202 ft²
|
$1,050,000
2 Bed
2 Bath
1202 ft²
|
$1,050,000
12/15/2016
|
Jessica Peters
Douglas Elliman Real Estate
| ||
01/22/2016
|
2 Bed
|
2 Bath
|
1202 ft²
|
$989,000
2 Bed
2 Bath
1202 ft²
|
$998,025
+0.91%
01/10/2017
|
Jessica Peters
Douglas Elliman Real Estate
| ||
01/14/2016
|
2 Bed
|
2 Bath
|
1040 ft²
|
$869,000
2 Bed
2 Bath
1040 ft²
|
$876,930
+0.91%
12/22/2016
|
Jessica Peters
Douglas Elliman Real Estate
|
Building Info
- 8 Units
- 1 Unit for Sale
