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90 Starr St
Brooklyn, NY 11237 Bushwick

$2,500,000 USD

Apartments For Sale  •  4,350 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,350 SF
  • Lot Size 0.06 AC
  • Building Class C
  • Year Built 1931
  • Cap Rate 6.15 %
  • Zoning R6
99 Transit Score
98 Walk Score

Highlights

Well-Located: In the heart of Bushwick, one of NYC’s most dynamic and sought after neighborhoods, steps to Maria Hernandez Park
Neighborhood Amenities: Within blocks of endless restaurants, galleries, and shopping establishments: Robertas Pizza, House of Yes
Transportation Accessibility: Close proximity to the Jefferson Street L-train and Central Ave M-train, providing access to Williamsburg and Manhattan
Nearly All Free-Market: Five of the six units are free-market and collecting $3,300/mo. ($57/SF) on average
Owner-User Opportunity: The building and neighborhood lend well to a hybrid owner/user/investor, living in one or more of the units
Protected Tax Class: 2A Tax Class limits tax increase to no more than 8% a year or 30% over 5 years
Cap Rate: 6.15 %

Public Transportation

Commuter RailDriveWalkDistance
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) 10 min - 2.9 mi
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) 8 min - 3.1 mi
Transit/SubwayDriveWalkDistance
Jefferson Street (L - New York MTA Subway (The Subway)) 1 min 7 min 0.4 mi
Central Avenue (M - New York MTA Subway (The Subway)) 2 min 8 min 0.4 mi
Knickerbocker Avenue (M Line) (M - New York MTA Subway (The Subway)) 2 min 9 min 0.5 mi
Dekalb Avenue (L Line) (L - New York MTA Subway (The Subway)) 2 min 10 min 0.5 mi
Morgan Avenue (L - New York MTA Subway (The Subway)) 2 min 10 min 0.5 mi
AirportDriveWalkDistance
Laguardia 15 min - 6.9 mi
John F Kennedy International 20 min - 11.6 mi
Newark Liberty International 31 min - 16.6 mi
DJ Johnston 914-584-7422 Matthews Real Estate Investment Services
DJ Johnston 914-584-7422 Matthews Real Estate Investment Services