Opòtinite Envestisman 1219 Halsey Street, Bushwick, Brooklyn, NY 11237
8 Inite Multifamily Ap fè demand $1,089,000

Corcoran te resevwa eksklizivman pou mache ak vann 1219 Halsey Street - yon bilding multifamily 8 inite ki plen, ki pwodui revni, ki sitiye nan kè Bushwick, Brooklyn. Li te konstwi an 1906, klasikte sa a kat etaj ki fèt ak maçonnerie se yon etid nan tou de karaktè ki dire ak efikasite operasyon modèn, ki ofri yon envèstisè yon konbinezon ra de kouran lajan imedya ak yon potansyèl long tèm enpòtan.

Pwopriyete a
Bilding lan gen uit apatman laj 2-chanm, 1-bathroom ki fèt an stil tren, chak ap fèt an 861 pye kare, avèk yon ekspozisyon sidès ki dezirab ki ranpli chak inite avèk limyè natirèl pandan jounen an. Bilding lan chita sou yon tè 26.42 100 pye, li klase R6, epi li gen yon klas taks 2B.

Amelyorasyon Kapital
Amelyorasyon kapital enpòtan te konplete, ki pozisyone sa a kòm vrèman "turnkey" pou pwochen pwopriyetè a. Amelyorasyon yo enkli yon modènizasyon nan panèl elektrik la avèk ka sikui ki konekte nan tout kat etaj yo, misyon kontwa endividyèl yo, renovated kwizin ak kondisyon yo atravè tout bilding lan, ak yon konvèsyon soti nan chofaj lwil pou chofaj gaz - yon amelyorasyon operasyon enpòtan ki redui anpil depans kontinyèl ak ekspoze pou antretyen long tèm.

Revni & Pèfòmans Finansye
Tout uit lokatè yo ajou avèk zewo dèt, yo jenere $10,015 pa mwa ak $120,180 nan lwaye anyèl brit. Depans operasyon anyèl kraze desann kòm sa a:
Taks sou pwopriyete: $14,205
Dlo: $10,290
Asirans: $10,403
Gaz / chofaj: $6,800
Dlo elektrik zòn komen: $1,584
Total depans: $43,282
Sa a bay yon Revni Net Operasyon estime nan $76,898, yon pousantaj kap apeprè 7.06%, ak yon Multiplika Lwaye Brit nan 9.06x - metrik ki konvenkan pou yon pwopriyete multifamily estabilize nan Brooklyn nan pwen pri sa a.
Apwopriye pou note: bilding lan ap opere kounye a sou bòdwo dlo ki gen yon frè plat, sa ki prezante yon opòtinite imedya pou nouvo pwopriyetè a pou tranzisyon sou bòdwo ki mezire ak plis redui depans operasyon yo.

Kote
Sitiye kèk etap soti nan estasyon tren Halsey Street J/Z ak Irving Square Park, 1219 Halsey Street benefisye de yon koneksyon transpò eksepsyonèl ak aksè imedya nan koridò a vivan nan manje, komès, ak vi nocturne nan Knickerbocker Avenue. Bushwick kontinye pou l se youn nan katye ki pi dinamik Brooklyn e ki toujou ap apresye, ki atire yon baz ap grandi ki moun jenn pwofesyonèl ak rezidan long tèm - ki sipòte tou de demann pou lwe ak valè pwopriyete pandan plizyè ane.

Opòtinite a
Avèk zewo dèt, yon lokasyon estabilize, yon enfrastrikti modènize, ak yon kouran lajan fò, 1219 Halsey Street reprezante yon akizisyon ideyal pou yon envèstisè ki ap chèche yon byen ki pwodui revni ak ki mande ti antretyen nan youn nan sou mache ki pi enteresan Brooklyn lan. Pwopriyete ki nan kalite sa a, nan pousantaj sa a, nan pwen pri sa a, pa dire lontan.

Investment Opportunity 1219 Halsey Street, Bushwick, Brooklyn, NY 11237
8-Unit Multifamily Building Asking $1,089,000

Corcoran has been exclusively retained to market and sell 1219 Halsey Street - a fully occupied, income-producing 8-unit multifamily building situated in the heart of Bushwick, Brooklyn. Originally constructed in 1906, this classic four-story masonry walk-up is a study in both enduring character and modern operational efficiency, offering an investor a rare combination of immediate cash flow and meaningful long-term upside.

The Property
The building features eight spacious 2-bedroom, 1-bathroom railroad-style apartments, each averaging 861 square feet, with a desirable southeast-facing exposure that fills every unit with natural light throughout the day. The building sits on a 26.42 100 ft lot, is zoned R6, and carries a Tax Class 2B designation.

Capital Improvements
Significant capital improvements have been completed, positioning this asset as truly turnkey for its next owner. Upgrades include a full electrical panel modernization with circuit breakers routed to all four floors, updated individual meters, renovated kitchens and bathrooms throughout, and a conversion from oil to gas heating - a meaningful operational improvement that substantially reduces ongoing costs and long-term maintenance exposure.

Income & Financial Performance
All eight tenants are current with zero arrears, generating $10,015 per month and $120,180 in gross annual rent. Annual operating expenses break down as follows:
Real estate taxes: $14,205 Water: $10,290 Insurance: $10,403 Gas / heating: $6,800 Common area electric: $1,584 Total expenses: $43,282 This yields an estimated Net Operating Income of $76,898, a cap rate of approximately 7.06%, and a Gross Rent Multiplier of 9.06x - compelling metrics for a stabilized Brooklyn multifamily asset at this price point.
Worth noting: the building currently operates on flat-fee water billing, presenting an immediate opportunity for a new owner to transition to metered billing and further reduce operating expenses.


Location
Situated steps from the Halsey Street J/Z subway station and Irving Square Park, 1219 Halsey Street benefits from exceptional transit connectivity and immediate access to the vibrant dining, retail, and nightlife corridor along Knickerbocker Avenue. Bushwick continues to be one of Brooklyn's most dynamic and actively appreciating neighborhoods, drawing a growing base of young professionals and long-term residents alike - underpinning both rental demand and asset value for years to come.

The Opportunity
With zero arrears, a stabilized tenancy, a modernized physical plant, and strong in-place cash flow, 1219 Halsey Street represents an ideal acquisition for an investor seeking a low-maintenance, income-producing asset in one of Brooklyn's most compelling submarkets. Properties of this quality, at this cap rate, at this price point, do not last.