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268 Schaefer St
Brooklyn, NY 11237
Gut Renovated Free Market Multifamily · Multifamily Property For Sale · 6 Units

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INVESTMENT HIGHLIGHTS

  • Gut Renovated
  • 2-Car Parking Garage
  • Lots of Natural Light

EXECUTIVE SUMMARY

Invictus Property Advisors has been retained on an exclusive basis for the sale of 268 Schaefer Street in Bushwick, Brooklyn.
This six (6) unit, fully free market (FM) multifamily building was recently converted from a three (3) family and is completely gut renovated. The building comprises a total of 4,624 gross SF (inclusive of a partially below grade lower-level duplex space)
The building is located 4 blocks from the Wilson Avenue Subway Station serving the L train.

PROPERTY FACTS

Price Per Unit $661,327 CAD
Sale Type Investment
Cap Rate 6.71%
Sale Condition Redevelopment Project
Gross Rent Multiplier 12.9
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.06 AC
Building Size 4,624 SF
No. Stories 4
Year Built/Renovated 1920/2024
Parking Ratio 0.43/1,000 SF
Zoning R6 - Medium density residential district

AMENITIES

UNIT AMENITIES

  • Cable Ready
  • Heating
  • Kitchen
  • Refrigerator
  • Tub/Shower
  • Carpet
  • Freezer
  • Smoke Free

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Smoke Free
  • Walking/Biking Trails
  • Public Transportation
  • Smoke Detector
  • Listing ID: 31182445

  • Date on Market: 2024-03-11

  • Last Updated:

  • Address: 268 Schaefer St, Brooklyn, NY 11237

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