Multifamily Building | 6 Apartments 4,762 SF

Highlights:

• Nestled in the vibrant Bushwick neighborhood of Brooklyn, 452 Harman Street offers an exceptional investment opportunity with a prime block and lot (03291-0019).
• Boasting a generous building size of 20 ft x 56.25 ft, this property spans 4,762 SF, providing ample space for diverse residential potential.
• With 6 thoughtfully designed apartment units, this 4-story walk-up building promises a steady income stream in a rapidly developing area.
• Built in 1901, the property’s classic architecture offers both charm and character, perfectly positioned within an R6 zoning district, adding to its versatility for future projects
• Priced attractively at $3,250,000, the purchase price translates to $682 per square foot, offering great value in one of Brooklyn's most sought-after neighborhoods.
• Generating a robust net operating income (NOI) of $195,065 and a competitive 6% cap rate, this property represents a solid, income-generating investment with signi{cant potential for long-term growth.

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