Free-Market, Mixed-Use Corner Building In Bushwick
644 Wilson Avenue
Bushwick
Closed 9/26/2019 at
$2,150,000 | 521 per SF
Size
4,350 SF
Cross Streets
Cooper + Moffat Street
Residential Units
5
Retail Space
1
Subways
l
Details
NOI
$119,850
Cap rate
5.1%
Overview
- Free market corner building
- 5 gut-renovated residential units
- One retail unit - lease expiring this year
- $540/SF for renovated building
- $119,850 NOI
- 5.1% in-place cap rate with easy path to 6% cap
- Across the street from Wilson Avenue L subway station
Attractions
Nowadays, Father Knows Best, The Hand, The Evergreen, Houdini Kitchen Laboratory
Nowadays
Father Knows Best
The Hand
The Evergreen
Houdini Kitchen Laboratory
718-705-4461