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15 Cedar St Brooklyn, New York

Property Details:
  • 15 Cedar St Brooklyn, New York
  • Price: $1,920,000
  • Yearly Real Estate Tax: $2,645
  • Neighborhood: Bushwick
  • Multi-Family
  • 9 Beds | 5 Baths | 1 Half Bath
  • Approximate Sq. Feet: 5,200
  • Approximate Exterior Sq. Ft.:4900 Sq Ft
  • Listing ID: 2660774
Building Details:
  • Air Conditioning
  • Garage
  • Patio

15 Cedar St Brooklyn, New York

BROOKLYN PRIME INVESTMENT PROPERTY Unique & Rare Double Lot Property Approximately 50' X 98' Zoned R6 That Can Be Developed To 11,846' Property Sub Dividable So You Can Build Half Of The Property Salvaging The 3 Family. Current Rent Roll 25% Below Market With Current Cap 4.25% W/ 3 (3) Beds, 1 Studio, Art Space & Free Standing Garage With Cobblestone Driveway. Increase Cap To 5.25% With Increased Rent.

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This listing courtesy of Douglas Elliman

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575 MADISON AVENUE, NEW YORK, NY 10022. 212. 891.7000 © 2018 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE, THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY. CalBRE# 01947727