550 Hart Street
550 Hart Street
$3,100,000
11
6
5,250
5,250
$590
Exclusive Expired
Description
Excellent Investment opportunity in East Bushwick! Located exactly where your renters want to be, close to everything!.
Conveniently 5 min walk to M train Central Ave Station or 8 Min walk to MJZ trains at Myrtle Ave station. Currently, set up as a 4 family building but could potentially be converted back to its original set up of a 6 family building. Building size 25 feet x 70 feet giving you a 5,250 square footage. The building sits on a lot of 25 feet x 97.5 feet. The current layout is as follow:...Excellent Investment opportunity in East Bushwick! Located exactly where your renters want to be, close to everything!.
Conveniently 5 min walk to M train Central Ave Station or 8 Min walk to MJZ trains at Myrtle Ave station. Currently, set up as a 4 family building but could potentially be converted back to its original set up of a 6 family building. Building size 25 feet x 70 feet giving you a 5,250 square footage. The building sits on a lot of 25 feet x 97.5 feet. The current layout is as follow:
1st-Floor (owners duplex and backyard)
2nd Floor has 2 units - 2R (Lease Expires 11.15.19) 2F(Lease Expires 9.1.19
3rd Floor is a 1 unit.
It has a current cap rate of 3.59% with a potential cap rate of 4.56% All units are in very good condition and have split units installed in order to save owner costs. All offers must be presented with a pre-approval or proof of funds. Don't miss out on the chance to own ideal 4 family building with the close proximity of Williamsburg and Lower Manhattan.
Conveniently 5 min walk to M train Central Ave Station or 8 Min walk to MJZ trains at Myrtle Ave station. Currently, set up as a 4 family building but could potentially be converted back to its original set up of a 6 family building. Building size 25 feet x 70 feet giving you a 5,250 square footage. The building sits on a lot of 25 feet x 97.5 feet. The current layout is as follow:...Excellent Investment opportunity in East Bushwick! Located exactly where your renters want to be, close to everything!.
Conveniently 5 min walk to M train Central Ave Station or 8 Min walk to MJZ trains at Myrtle Ave station. Currently, set up as a 4 family building but could potentially be converted back to its original set up of a 6 family building. Building size 25 feet x 70 feet giving you a 5,250 square footage. The building sits on a lot of 25 feet x 97.5 feet. The current layout is as follow:
1st-Floor (owners duplex and backyard)
2nd Floor has 2 units - 2R (Lease Expires 11.15.19) 2F(Lease Expires 9.1.19
3rd Floor is a 1 unit.
It has a current cap rate of 3.59% with a potential cap rate of 4.56% All units are in very good condition and have split units installed in order to save owner costs. All offers must be presented with a pre-approval or proof of funds. Don't miss out on the chance to own ideal 4 family building with the close proximity of Williamsburg and Lower Manhattan.
Amenities
- Walk Up
- Fourplex
- Lowrise
Location
LISTING UPDATED: 03/25/2020 09:25 AM
Property Details for 550 Hart Street
Status | Exclusive Expired |
---|---|
Days on Market | 339 |
Taxes | $799 / month |
Maintenance | - |
Min. Down Pymt | 10% |
Total Rooms | 14.0 |
Compass Type | Multi Family |
MLS Type | - |
Year Built | 1931 |
Lot Size | 2,437 SF / 25' x 98' |
County | Kings County |
Building
Location
Building Information for 550 Hart Street
Stories3Residences4Year Built1931Building Size25' x 70'Building Sq. Ft5,250 SFLot Size2,437 SF / 25' x 98'Building Age-Building Type-
Payment Calculator
$19,832 per month
The Payment Calculator is for illustrative purposes only.
Property History for 550 Hart Street
Date | Event & Source | Price | Appreciation | Link |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 550 Hart Street
Taxable ValueLand$45,450Additions$497,250Total$542,700
Home Facts
Total Finished SqFt5,250 SqFtLot Size2,438 SqFtYear Built1931ZoningR6APN3032260015
Schools near 550 Hart Street
This home is within Nyc Geog District #32 - Brooklyn.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
P.S. 274 Kosciusko PublicPK to 5 | ||
Is 347 School Of Humanities Public6 to 8 | ||
EBC High School for Public Service-Bushwick Public9 to 12 | ||
Bushwick Leaders High School For Academic Excellence Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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