Bushwick 6 Unit Multifamily | New York

OFFERING SUMMARY

Investment Summary

Bushwick 6 Unit Multifamily is an opportunity to Total Residental Units 6 own a heavy cash flowing multifamily building in Total Rentable SF 4,266 SF the heart of the bustling Bushwick neighborhood. Close proximity to both the L and M trains with Average Unit Size 711 SF buzzing retail shops along Wyckoff Avenue Total Building SF 5,500 SF and Knickerbocker Avenue makes Bushwick 6 Occupancy 100% Unit Multifamily’s location highly desirable. This brick building is 5,250 Square Feet with shafts on both sides allowing the apartments to be true 4 Bedroom units on the 2nd and 3 Floor Apartments. Top floor apartments are loft style and the ground floor units are duplex 5 BR units.

Highlights

• Gross Income is $246,000 Net Effective

• 5 out of 6 Units Are Free Market Grossing Market Rents

• Separate Heat and Hot Water Meters in All Apartments

• Short walk to both “L” Dekalb Train and “M” Knickerbocker Train Stops

• Located near

• Protected Tax Class 2A

© 2017 Greysteel WILLIAMSBURG BRIDGE2

MANHATTAN BRIDGE

BROOKLYN BRIDGE

13 7 278 1 10 BUSHWICK 8 4 WYCKOFF AVENUE WILSON AVENUE

MYRTLE AVENUE BUSHWICK AVENUE

MALCOLM X BLVD 3 17

RALPH AVENUE

15 18 FULTON ST 6 12 ATLANTIC AVENUE 5 14

11 16

278 EASTERN PKWY

9 AREA MAP

DEVELOPMENTS HEALTH SERVICES 13 Urban Jungle

1 7 Wyckoff Heights Medical Center 14 The Billie Holiday Theatre

2 Nighthawk Theater 8 NYC Health + Hospitals/Woodhull 15 BAM Peter Jay Sharp Building EDUCATION PARKS & RECREATION 16 Brooklyn Children’s Museum

3 Pratt Institute 9 Zoo 17 The Home Depot 18 Atlantic Terminal Mall FOOD SHOPPING & ENTERTAINMENT

4 Starbucks 10 Steiner Studios

5 Restoration Plaza 11 Whole Foods Market

6 Peaches Hot House 12 Barclays Center

300 West • 12th Floor • Brooklyn, NY 11201 718.673.9350 • www.greysteel.com New York • Los Angeles • Dallas • Fort Worth • Washington D.C.* • Philadelphia • Phoenix • Denver • Baltimore • Norfolk NY License No: 10491206967 * Corporate Headquarters and Transaction Services Center

SALES: FINANCE:

MICHAEL STIMLER UMAR KHAN MARK BITTENBENDER Senior Investment Associate Investment Associate Director 718.673.9372 718.679.9097 212.658.1471 [email protected] [email protected] [email protected]

ForFor moremore informationinformation oror toto inquireinquire aboutabout Greysteel,Greysteel, pleaseplease contactcontact AriAri Firoozabadi,Firoozabadi, PresidentPresident && CEOCEO ([email protected]([email protected] || 202.417.3873)202.417.3873) Greysteel, seller, and their respective representatives make no representations or warranties, express or implied, regarding the accuracy or completeness of the information in this Offering Summary. Greysteel, seller, and their respective representatives make no representations or warranties, express or implied, regarding the accuracy or completeness of the information in this Offering Summary. Prospective purchasers shall be responsible for performing their own independent due diligence with respect to a possible transaction. This offering is subject to prior placement, withdrawal, cancellation or Prospective purchasers shall be responsible for performing their own independent due diligence with respect to a possible transaction. This offering is subject to prior placement, withdrawal, cancellation or modification without notice. All references to acreage, square footage, and other measurements are approximations and must be independently verified. modification without notice. All references to acreage, square footage, and other measurements are approximations and must be independently verified. © 2017 Greysteel