by RH Advisors

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

926 Hart Street

Bushwick, NY 11237
bedrooms
Studio
bathrooms
0 Bath
$1,283,287
RealtyHop Estimate
2.66%
Since Jun 1, 2023
NY-New York
Primary Model

About This Property

Calling All Investors, Developers & End-Users!!! 9.79 Cap 6 Unit Apartment Building For Sale!!! The Building Features Excellent Signage, Great Exposure, Separate Meters, LED Lighting, Full Basement, New Electric, New Gas Lines, New Water Lines, New Silicone Roof, New Waste Lines, Renovated Apartments, +++!!! Located In The Heart Of Bushwick!!! Neighbors Include CVS, Walgreens, Dollar Tree, Capital One, Rite Aid, +++!!! Many Of The Apartments Have Already Been Beautifully Renovated!!! Both Of The Renovated Penthouses Can Be Delivered Vacant!!! The Property Is Located Around The Corner From The Park & The Train Station!!! The Property Offers EASY ACCESS TO MANHATTAN Via The Train & The Williamsburg Bridge!!! 926 Hart Street Has Its Full Air Rights Intact!!! This Property Offers HUGE UPSIDE Potential!!!  Income:  3L (2 Br Penthouse): $28,800 Ann. (Available) 3R (2 Br Penthouse): $28,800 Ann. (Available) 2R (2 Br): $15,000 Ann. M-M 2L (2 Br): $15,600 Ann. M-M 1R (2 Br): $16,956 Ann. M-M 1L (2Br): $15,240 Ann. M-M Storage: $23,628 (Available)  Gross Income: $144,024 (Proforma)  Expenses:  Gas: $6,000 (Heating Only) Electric: $680 (Hallway & LL) Maintenance/ Repairs: $250 Insurance: $3,628 Taxes: $8,852 Water & Sewer: $2,258  Total Expenses:  $21,668  Net Operating Income (NOI):  $122,356 (Proforma 9.79 Cap!!!)
Unit Size
-
Days on Market
334 days
Land Size
0.06 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$795
HOA Dues
-
Year Built
1931
Last updated: 12 months ago (OneKey MLS #3408946)

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 $1,250,000
↓ $38K (3%)
Price Decreased
Feb 14, 2023 Price Decreased $1,288,000
↓ $62K (4.6%)
Price Decreased
Jan 12, 2023 Price Decreased $1,350,000
↓ $62K (4.4%)
Price Decreased
Show More

Property Highlights

Exterior Details

Property Information

Square Footage: 5100

Building Information

Building Area Units: Square Feet

Lot Information

Lot Size Area: 0.06
Lot Size Units: Acres
Lot Size Acres: 0.06
Financial Details
Tax Annual Amount: $9,534


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
-
$1,150,000 Oct 13, 2022
$1,150,000 May 16, 2023
$967/mo
Commercial
Loft
-
-
$995,000 May 23, 2022
$995,000 Dec 2, 2022
$962/mo
Other
Loft
-
-
$740,000 Mar 15, 2019
$740,000 Jan 15, 2020
-
Other
Loft
3 Baths
-
$1,200,000 Dec 22, 2014
$1,200,000 Feb 5, 2015
-
Land
Loft
-
-
$999,999 Sep 14, 2017
$999,999 Sep 6, 2019
$349/mo
Land
Loft
-
-
$1,119,000 Oct 15, 2021
$1,119,000 May 6, 2022
$75/mo
Commercial
Loft
-
-
$1,299,000 Apr 12, 2023
-
$831/mo
Commercial
Loft
-
-
$1,150,000 May 23, 2022
-
$962/mo
Commercial
Loft
-
-
$1,388,000 May 3, 2023
-
$1,422/mo
Commercial
Loft
-
-
$1,488,888 May 6, 2023
-
$560/mo
Commercial
Loft
-
-
$1,499,999 May 16, 2023
-
$512/mo
Townhouse
Stu
4.5 Baths
3,200 ft²
$403/ft²
$1,290,000 Mar 21, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220616
06/16/2022
Loft
-
-
$1,888,000
bedrooms
Loft
bathrooms
-
$1,100,000 -41.74%
05/16/2023
Richard Matt Shane
All Island Estates Realty Corp

Building Info

926 Hart Street 926 Hart Street, Brooklyn, NY 11237
  • 6 Units
More about this Building
926 Hart Street
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About Northern Brooklyn


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