$1,150,000
●
Commercial -
Off Market
926 Hart Street
Bushwick, NY 11237
Studio
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
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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
3
Baths
-
$1,200,000
Dec 22, 2014
$1,200,000
Feb 5, 2015
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
06/16/2022
|
|
Loft
|
-
|
-
|
$1,888,000
Loft
-
|
$1,100,000
-41.74%
05/16/2023
|
Richard Matt Shane
All Island Estates Realty Corp
|