Free-Market, Mixed-Use Corner Building In Bushwick
644 Wilson Avenue
Bushwick
Closed 09/26/2019 at
$2,150,000 | $521/SF per SF
Size 4,350 SF
Cross Streets Cooper + Moffat Street
Residential Units 5
Retail Space 1
Subways
l
✕
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644 Wilson Avenue,
Bushwick
718-395-1877
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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