78 Eldert Street

Bushwick

$1,480,000
Price
8
Beds
4
Baths
2,400 Sq. Ft.
$617 / Sq. Ft.
2,400
Sq. Ft.
$617
per Sq. Ft.

Description

Exceptional turn-key investment opportunity in the heart of Bushwick, Brooklyn! Gut renovated 20x40 multifamily property sat on a 20x100 lot spread over 3 floors and a full finished basement featuring modern interiors, stainless steel appliances, energy-efficient upgrades and a massive private backyard. Prime location near trendy amenities and transportation. Proven rental success with strong income potential. Don't miss out on this turnkey investment in one of Brooklyn's most sought-after neighborhoods!Exceptional turn-key investment opportunity in the heart of Bushwick, Brooklyn! Gut renovated 20x40 multifamily property sat on a 20x100 lot spread over 3 floors and a full finished basement featuring modern interiors, stainless steel appliances, energy-efficient upgrades and a massive private backyard. Prime location near trendy amenities and transportation. Proven rental success with strong income potential. Don't miss out on this turnkey investment in one of Brooklyn's most sought-after neighborhoods!
  1. Listed by Wai-Fan (Jimmy) Lu • Grandeur Realty, Inc.

Amenities

  • Walk Up
  • Stainless Steel Appliances
  • Basement
  • Private Outdoor Space
  • Parking Included
  • Lowrise
  • House

Location

Listing Courtesy of Grandeur Realty, Inc.
Add your commute
LISTING UPDATED: 01/11/2024 12:10 PM

Property Details for 78 Eldert Street

StatusActive
MLS ID479166
Days on Market108
Taxes$3,913 / year
Maintenance-
Min. Down Pymt-
Total Rooms14.0
Compass TypeTownhouse
MLS TypeResidential
Year Built1899
Lot Size2,000 SF / 20' x 100'
CountyKings County

Building

78 Eldert St

2 Units3 StoriesBuilt in 1899

Location

Listing Courtesy of Grandeur Realty, Inc.
Add your commute

Building Information for 78 Eldert Street

Stories3Residences2Year Built1899Building Size20' x 40'Building Sq. Ft2,400 SFLot Size2,000 SF / 20' x 100'Building Age-Building Type-

Payment Calculator

$8,403 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,077

Property Taxes

$326

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 78 Eldert Street

Summary
Location and General Information
  • Block: 3415
  • Cross Street Name: Bushwick Ave
  • Zoning: R6
  • Roof: Flat
  • Residential Features: Refrigerator, Stove
Parking
  • Parking Attributes: None
  • Parking Feature Single: Street
Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash
  • Tax Amount: 3913.0
  • Gross Expense: 9361.0
  • Gross Income: $89,400.00
  • Cap Rate: .05%
Property
Lot Information
  • Sq Ft Total: 2400
  • Yard: Back
  • Lot Number: 21
  • Lot Size Irregular YN: No
  • Lot Size Length: 100
  • Lot Size Width: 20
Utilities
  • Heat Delivery: Baseboard
  • Heating Fuel: Gas
  • AC Units: 0
  • Hot Water: Gas
  • Utility Expense: 0.0
  • Fuel Expense: 0.0
Interior and Exterior Features
Interior Features
  • Basement Amenities: Finished, Full
  • Baths Three Quarter: 0.0
  • Foundation Details: Other
  • Flooring: Hardwood
  • Building Amenities: NONE
  • Construction Materials: Brick, Wood Frame
  • Electric: 220 V
Exterior Features
  • Exterior: Brick
  • Handicap Access YNU: No
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 800.0
  • Building Length: 40.0
  • Building Type: Attached
  • Building Width: 20.0
Agent
Agent Information
  • Net Operating Income: 80039.0
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Insurance Expense: 2447.0
  • Owner Occupied: No
  • Rent Income Period: 2023

Property History for 78 Eldert Street

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 78 Eldert Street

Taxable ValueLand$16,620Additions$61,680Total$78,300
Home Facts
Total Finished SqFt2,400 SqFtLot Size2,000 SqFtYear Built1899ZoningR6APN3034150021

Schools near 78 Eldert Street

This home is within Nyc Geog District #32 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 6 to 8
Public - PK to 5
Rating
School
Distance
P.S. 45 Horace E Greene
PublicPK to 8

Bushwick Community High School
Public9 to 12

Evergreen Middle School-Urban Exploration
Public6 to 8

P.S. 377 Alejandina B De Gautier
PublicPK to 5

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

78 Eldert Street is a townhouse for sale in Bushwick. This property was listed for sale on January 11, 2024 by Grandeur Realty, Inc., it's currently listed at $1,480,000. It has been on the market for a total of 108 days and was last sold on March 1, 2016. This listing's school district is Nyc Geog District #32 - Brooklyn. Nearby schools include P.S. 45 Horace E Greene, Bushwick Community High School and Evergreen Middle School-Urban Exploration. 78 Eldert Street is a 8-bed, 4-bath, 2,400 sqft townhouse built in 1899.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Grandeur Realty, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.