by RH Advisors

See Home Value
$1,150,000
Commercial - Off Market

80 Saint Nicholas Avenue

Bushwick, NY 11237
bedrooms
Studio
bathrooms
0 Bath
$1,385,950
RealtyHop Estimate
2.66%
Since Jun 1, 2023
NY-New York
Primary Model

About This Property

Calling All Investors, Developers & End-Users!!! 8.77 Cap 6 Unit Apartment Building With 2 Garages For Sale!!! The Building Features Excellent Signage, Great Exposure, Separate Meters, LED Lighting, New Electric, New Gas Lines, New Water Lines, New Silicone Roof, New Waste Lines, Renovated Apartments, 6 Parking Spaces, A/C, +++!!! Located In The Heart Of Upper Bushwick WIth Rooftop Views Of Manhattan!!! Neighbors Include CVS, Rite Aid, Capital One, TD Bank, Bank Of America, Blink Fitness, Dollar Tree, Dollar General, +++!!! The Property Offers EASY ACCESS TO MANHATTAN Via The Train & The Williamsburg Bridge!!! This Property Offers HUGE UPSIDE Potential!!!  Income:  1L: $1,553.25 Per Month ($18,639 Ann.) 1R: $1,496.82 Per Month ($17,961.84 Ann.) 2L: $2,242.73 Per Month ($26,912.76 Ann.) 2R: $1,514.70 Per Month ($18,176.40 Ann.) 3L: $1,904.77 Per Month ($22,857.24 Ann.) 3R: $1,997.52 Per Month ($23,970.24 Ann.)  Garage: $6,000 Ann.  Gross Income: $140,790.12  Expenses:  Gas: $6,000 Ann. (Heating Only) Electric: $680 Ann. (Hallway & LL) Maintenance/ Repairs: $250 Insurance: $3,823 Ann. Taxes: $11,607.24 Ann.  Total Expenses:  $22,360.24  Net Operating Income (NOI):  $118,429.88 (8.77 Cap)
Unit Size
-
Days on Market
215 days
Land Size
0.05 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$967
HOA Dues
-
Year Built
1931
Last updated: 12 months ago (OneKey MLS #3436910)

Price History

Date / Event Date Event Price
May 16, 2023 Sold $1,150,000
Sold
Apr 6, 2023 In contract -
In contract
Feb 28, 2023 Price Decreased $1,350,000
↓ $38K (2.7%)
Price Decreased
Feb 14, 2023 Price Decreased $1,388,000
↓ $112K (7.5%)
Price Decreased
Jan 12, 2023 Price Decreased $1,500,000
↓ $88K (5.5%)
Price Decreased
Show More

Property Highlights

Exterior Details

Property Information

Square Footage: 4875

Building Information

Building Area Units: Square Feet

Lot Information

Lot Size Area: 0.05
Lot Size Units: Acres
Lot Size Acres: 0.05
Financial Details
Tax Annual Amount: $11,607


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
-
$1,150,000 Jun 16, 2022
$1,150,000 May 16, 2023
$795/mo
Commercial
Loft
-
-
$995,000 May 23, 2022
$995,000 Dec 2, 2022
$962/mo
Land
Loft
-
-
$999,999 Sep 14, 2017
$999,999 Sep 6, 2019
$349/mo
Other
Loft
3 Baths
-
$1,200,000 Dec 22, 2014
$1,200,000 Feb 5, 2015
-
Land
Loft
-
-
$1,119,000 Oct 15, 2021
$1,119,000 May 6, 2022
$75/mo
Townhouse
Stu
-
-
$1,300,000 Nov 18, 2014
$1,300,000 Feb 26, 2015
-
Commercial
Loft
-
-
$1,388,000 May 3, 2023
-
$1,422/mo
Commercial
Loft
-
-
$1,299,000 Apr 12, 2023
-
$831/mo
Commercial
Loft
-
-
$1,488,888 May 6, 2023
-
$560/mo
Commercial
Loft
-
-
$1,499,999 May 16, 2023
-
$512/mo
Commercial
Loft
-
-
$1,599,000 Oct 12, 2022
-
$857/mo
Commercial
Loft
-
-
$1,150,000 May 23, 2022
-
$962/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20221013
10/13/2022
Loft
-
-
$1,688,000
bedrooms
Loft
bathrooms
-
$1,200,000 -28.91%
05/16/2023
Richard Matt Shane
All Island Estates Realty Corp

Building Info

80 St Nicholas Avenue 80 St Nicholas Avenue, Brooklyn, NY 11237
  • 6 Units
More about this Building
80 St Nicholas Avenue
Want to find out who owns 80 St Nicholas Avenue, Brooklyn, NY 11237? Get detailed property transactions here .

About Northern Brooklyn


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