Welcome To 130 Woodbine Street –
Joe Cruz & Jimmy Brett of COMPASS have been retained on an exclusive basis to arrange for the sale of 130 Woodbine Street in Bushwick.
The subject property is built as a 25′ x 67′, two story incoming generating building comprised of four apartments and an oversized finished basement with a separate entrance.
Located on Woodbine Street a beautiful tree-lined block between Central Avenue and Evergreen Avenue in the Bushwick section of Brooklyn, the lot is 25′ X 100′. The building has a total square footage of approximately 3,354′.
Currently configured as a legal four-family dwelling, there’s no end to the possibilities for this desired investment opportunity.
This property is being conveyed with an extraordinary, approximate 2,725′ of air rights.
There are 2 Three Bedroom Apartments, There are 2 Two Bedroom Apartments, All the Leases are scheduled to expire within 7-9 months.
All the apartments have separate boilers & hot water heaters.
Built in 2005. Kept in immaculate condition. Laundry in building
Additional features: overhead lighting throughout and stripped hardwood flooring
Actual Rent Roll:
Unit 1F – $2,000 ( Market rate $2200 )
Unit 1R – To Be Delivered Vacant ( $2600 Projected )
Unit 2F – $2,000 ( Market rate $2200 )
Unit 2R – $1700 ( Market rate $2600 )
Yearly Expenses: (Estimated)
Water/ Sewer = $6,000
Insurance = $1,500
Electric = $2,000