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997 Hart Street - Bushwick, New York
Douglas Elliman Real Estate are delighted to bring to the market this impeccable, turn key 2 family investment opportunity located at 997 Hart Street.This property was upgraded & brought back to life by fully renovating 2 floors of the house with stainless steel appliances, & granite countertops. Bringing a whole new layout & floor plan with open garden terrace.
Ideal building & lot size of 20 x 57 on 100, with an additional 1400 of square feet of FAR left to develop.
Bushwick has grown at an exceptional rate on both gentrification & property appreciation value in just the last 2 years alone, more than any other Brooklyn neighborhood.
Many of the original Williamsburg founding residents have air lifted the selves into Bushwick, creating a very cool, mecca, industrial vibe, already considered the next new hot spot to live.
If there was ever a time & place to invest your money, this is it.
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Clean & tidy deal with no outstanding violations or liens on the property. Full set up with rent rolls & expenses in the pictures br>
At asking price its a full 5.2% CAP rate return. We welcome both experienced & 1st time investors to get in touch.
This listing courtesy of Douglas Elliman
575 MADISON AVENUE, NEW YORK, NY 10022. 212. 891.7000 © 2019 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. DRE # 01947727