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57 Troutman St 6 Unit Apartment Building $1,946,304 CAD ($324,384 CAD/Unit) 7.97% Cap Rate Brooklyn, NY 11206

Apartment Buildings New York Brooklyn 57 Troutman St, Brooklyn, NY 11206

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INVESTMENT HIGHLIGHTS

  • 25’ x 85' brick 6-family, extremely well located in North Bushwick.
  • This will trade for only $215 per SF and a 7% Cap in place.
  • Download linked OM which contains current and projected rent rolls.
  • Three of the six units are renovated, free market (50%), and under-leased, currently averaging $37/SF vs what should be $45-50+/SF.
  • Protected tax class 2A

EXECUTIVE SUMMARY

Broker of Record
Cory Rosenthal
License # 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550

PROPERTY FACTS

Price $1,946,304 CAD Building Class C
Price Per Unit $324,384 CAD Lot Size 0.06 AC
Sale Type Investment Building Size 6,375 SF
Cap Rate 7.97% Average Occupancy 100%
No. Units 6 No. Stories 3
Property Type Multifamily Year Built 1931
Property Subtype Apartment
Zoning R6
Price $1,946,304 CAD
Price Per Unit $324,384 CAD
Sale Type Investment
Cap Rate 7.97%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.06 AC
Building Size 6,375 SF
Average Occupancy 100%
No. Stories 3
Year Built 1931
Zoning R6

LINKS

1 1
Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (98)
Bike Score®
Very Bikeable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 03171-0055 Improvements Assessment $926,756 CAD
Land Assessment $10,080 CAD Total Assessment $936,837 CAD

PROPERTY TAXES

Parcel Number
03171-0055
Land Assessment
$10,080 CAD
Improvements Assessment
$926,756 CAD
Total Assessment
$936,837 CAD
(914) 584-7422

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Listing ID: 38624972

  • Date on Market: 2025-12-02

  • Last Updated:

  • Address: 57 Troutman St, Brooklyn, NY 11206

The Bushwick Multifamily Property at 57 Troutman St, Brooklyn, NY 11206 is currently available. Contact Matthews Real Estate Investment Services for more information.

MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS

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57 Troutman St
(914) 584-7422 x

57 Troutman St

DJ Johnston
(914) 584-7422

Bryan Kirk
(313) 402-0917

Evan Kashanian
(914) 561-8609

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