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🔥💥💰 HOTTEST OFF MARKET DEAL IN NY💰💥🔥

Brooklyn , New York
Williamsburg
Real Estate Investment

Description of Property

Large condos:

*3 vacant 

*3 cash for keys tenants 

*4 Vacant commercial units

*Blk/Lot: 2437-25

*Bld: 25′ X 65′

*Lot: 25′ X 95′

*R6 Zoning

*Sq Ft: 6,500

*Clean Title

$4.6M + 5% fee

*Delivered Vacant*

               OR 

[ALTERNATIVE PURCHASE] 

Buyer can purchase property “AS IS” for 2.8M + 5% fee 

*Buyer will be responsible for removal of last 3 tenants.*

Description of Repairs

No repairs 

  • Access:
    Message Me
  • Home Area(sqft):
    6,500
  • Property Type:
    Multi-Fam 5+

The Numbers

  • Asking Price ($):
    $4,280,000
  • As-Is Price/Sq Ft:
    $430.77
  • Est. Cost of Repairs:
    $5,000
  • After Repair Value:
    $4,280,000
  • ARV Price/Sq Ft:
    $658.46
  • Est. Gross Profit/Equity:
    $-5,000
  • Price Negotiable?:
    Yes
  • Purchase Option:
    Cash, Seller Finance,

Comparables

  • Comp 1

    Full Address:
    405 South 5th Street Brooklyn NY 11211
    Distance from Listing Property (mi):
    0.5M
    Sale Price:
    $1,819,300
    Sale Date:
    July 2, 2024
  • Comp 2

    Full Address:
    259 union Ave Brooklyn NY 11211
    Distance from Listing Property (mi):
    0.5m
    Sale Price:
    $1,541,802
    Sale Date:
    July 1, 2024
  • Comp 3

    Full Address:
    259 South 2nd Street Brooklyn NY 11211
    Distance from Listing Property (mi):
    0.5m
    Sale Price:
    $1,508,641
    Sale Date:
    July 2, 2024

Property Inspection

Location

Please to view the Map

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