247 Himrod St 6 Unité Immeuble d’appartements 2 584 687 $ CAD (430 781 $ CAD/Unité) 5,79% Taux de capitalisation Brooklyn, NY 11237

Introducing 247 Himrod Street, a well-located 6-family in the heart of Bushwick offering immediate cash flow with meaningful long-term upside in the best location in all of Brooklyn, near the Jefferson L train, one of the few remaining bastions of cultural and rent growth in all of NYC.
The property consists of six (6) income-producing apartments comprised of four (4) free-market units and two (2) rent-stabilized units, supported by clean DHCR paperwork—a rare combination of stability and growth potential.
The building is situated on a 25’ x 100’ lot and is zoned R6, with approximately 4,500 SF built and approximately 1,000 SF of available air rights, creating optionality for the future.
At the asking price of $1,875,000, the asset currently operates at a 5.79% cap with a pro-forma cap rate of 6.53% with just mark-to-market renewal increases. The building will be delivered with all units occupied.
Bushwick continues to attract strong tenant demand, anchored by the neighborhood’s dining, nightlife, and creative scene, plus convenient access to the M train and nearby L train.
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