Back

1 of 14

2 of 14

3 of 14

4 of 14

5 of 14

6 of 14

7 of 14

8 of 14

9 of 14

10 of 14

11 of 14

12 of 14

13 of 14

14 of 14

538 Bainbridge St
Brooklyn, NY 11233

$1,635,000 USD

Apartments For Sale • 5,585 SF

Property Details

Property Type Apartments
Total Building Size 5,585 SF
Lot Size 0.06 AC
Building Class C
Year Built 1907
Cap Rate 7.81 %
Zoning R6,Brooklyn,(C2)

100 Transit Score

88 Walk Score

                
                    Highlights
                
                                Calling All Investors, Developers, & End-Users!!! 100% Occupied 6 Unit Free Market Apartment Building In Bushwick For Sale!!!
                            
                                The Property Features Excellent Signage, Great Exposure, Strong R6 Zoning, 6 Parking Spaces, High 10’ Ceilings, Separate Meters, Low Property Taxes,+!
                            
                                The Property Is Located In The Heart Of Bed-Stuy Just A Few Blocks Off Atlantic Avenue Near Highland Park!!!
                            
                                 The Property Is Situated Minutes From The Barclays Center, Brooklyn Children’s Museum & The Prospect Park Zoo!!! 
                            
                                Neighbors Include UPS, The Home Depot, Dunkin’, CubeSmart Self Storage, Walgreens], AutoZone, Planet Fitness, Blink Fitness, GameStop, Baskin-Robbins,
                            
                                This Property Offers HUGE Upside Potential!!!

Financial Summary (Actual)

Net Operating Income: $127,755 USD (2023)

Cap Rate:	7.81 %
Total Expenses:	$17,121 USD

Amenities

24 Hour Access
Security System
Storage Space
Bicycle Storage
Public Transportation

Public Transportation

Commuter Rail	Drive	Walk	Distance
East New York Station (Far Rockaway Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road)	3 min	19 min	1.0 mi
Nostrand Avenue Station (Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road)	6 min	-	2.1 mi
Transit/Subway	Drive	Walk	Distance
Chauncey Street (J - New York MTA Subway (The Subway), Z - New York MTA Subway (The Subway))	2 min	5 min	0.3 mi
Halsey Street (J Line) (J - New York MTA Subway (The Subway))	2 min	6 min	0.3 mi
Rockaway Avenue (A,C Line) (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway))	2 min	8 min	0.4 mi
Ralph Avenue (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway))	1 min	11 min	0.6 mi
Bushwick Avenue-Aberdeen Street (L - New York MTA Subway (The Subway))	3 min	13 min	0.7 mi
Airport	Drive	Walk	Distance
Laguardia	20 min	-	8.6 mi
John F Kennedy International	19 min	-	9.6 mi
Newark Liberty International	34 min	-	17.6 mi

Matthew Shane 516-279-8828 All Island Commercial

538 Bainbridge St Brooklyn, NY 11233