Oportuniti:
· Nọrọ na Nrụpụta: Kpọrọ ndụ n’ụlọ multi-familia nke e wuru tupu agha nwere nnukwu ụgwọ ịtụnanya na Greenpoint, Brooklyn maka $3.99M.

· Nọrọ n’ụlọ duplex nke e wuru ọhụrụ na otu n’ime ebe kachasị ọkụ nke Brooklyn maka ọnụahịa ọ dị ala, ma nweta akụnụba ngwa ngwa site na ụgwọ ịtụnanya. A na-emezi nkịtị ndị nwe ụlọ ahụ ihe niile.

Ihe onwunwe:
Ebe dị na ọdọ osisi n’ozuzu Greenpoint, Brooklyn, 199 Java Street bụ ụlọ brick na nkume nke 7,200 sq ft, 6-familia nke e wuru na 1931. Ọ na-adịkarị 25’ site na 80’ na lot 25’ X 100’, ụlọ dị egwu a nwere 6 ụlọ mgbazinye.

Economics Mmasị:
Kpọrọ ndụ n’ụlọ duplex ọhụrụ 1800 sq ft nwere ohere igwe ojii pụrụ iche, ma nata ego net nke $181,000 site na ụlọ mgbazinye ise.

Na-eji ọnụahịa nnwere onwe nke $1,100 kwa sq ft maka oghere a na-emezigharị, ụlọ duplex nke onye nwe ga-enwe akara nke $1.98M na ahịa mepere emepe.

Onye nwe ọhụrụ n’ozuzu na-enwetaghị oghere duplex na-adịghị arụ ọrụ maka $1.0M, ma ọ bụ $555/sq ft (n’ihu ọnụahịa ahịa na Greenpoint, ma ọ bụrụ na ị nwere ike ịhụ ya). Mgbe ahụ, maka $2.99M nke ụgwọ a na-azụta, onye nwe ọhụrụ ga-anọchi anya ụlọ mgbazinye fọdụrụ n’ime ụlọ ahụ (nke net annual income nke $181,000 na-anọchi anya CAP ọnụego nke 6.2%).

Iji Ọrụ Nchekwa Nnukwu:
Nweta onye na-azụ nwere ike ịhọrọ ịmepụta ohere bi nke ukwuu site n’ịmepụta units ndị ọzọ na ụlọ ahụ. Dịka ọmụmaatụ, onye na-azụ nwere ike jikọta duplexes dị na ubi/parlor na-eme ka ọ bụrụ ụlọ 3600 sq ft nke mara mma nwere ọtụtụ oghere outdoor nke onwe, ma nata ụlọ mgbazinye net nke $125,000 kwa afọ. Na ahịa mepere emepe, duplex luxury dị ka nke a ga-enwe akara nke $3.96M.

Ihe Ndụ Ezi N’Brooklyn:
Na-enye echiche skyline nke NYC, ebe a hụrụ n’anya, na oghere ọhụrụ nke mmiri, Greenpoint agafeela mpaghara Brooklyn ndị ọzọ a hụrụ n’anya iji bụrụ ebe ndị si na mpaghara ndị ọzọ ahịa na n’ụzọ ụwa. A na-ewerekwa ya dịka otu n’ime ebe ndị kachasị ọkụ na New York City. Ngwaahịa na akụkụ abalị nke Greenpoint bụ ihe akaebe nke uto ya na-eto, ma n’akụkụ nke ọzọ nọgidesie na-enwe ebe bi a na-achọsi ike. Greenpoint bụ ezigbo ala nke ụlọ ahịa na ahịa nri, boutiques na ụlọ ahịa curio - ọtụtụ n’ime ha na alaka 1910’s, ebe ndị ọzọ malitere dịka 2010’s. Eji G subway line na ọrụ ụgbọ mmiri nweta, Greenpoint dị mfe iru site na ndị njem na ndị na-abịa.

Setịpụrụ dịnụ na arịrịọ.

The opportunity:
· Live With Income: Take up residence in a pre-war, multi-family townhouse with significant recurring rental income in Greenpoint, Brooklyn for $3.99M.

· Live in a newly built-out duplex apartment in one of Brooklyn’s hottest areas for below-market prices, and amass equity quickly with passive rental income. The owner’s unit build-out can be fully customized.


The property:
Located on a tree-lined street in Greenpoint, Brooklyn, 199 Java Street is a 7,200 sq ft, 6-family brick-and-stone structure built in 1931. Spanning 25’ by 80’ on a 25’ X 100’ lot, the handsome building has 6 rental units.


Purchase Economics:
Take up residence in a brand-new 1800 sq ft duplex apartment with exclusive garden access, and receive an estimated $181,000 in net income from five rental units.

Assuming a conservative price per square foot of $1,100 for the newly renovated space, the owner’s duplex would be valued at $1.98M on the open market.

The new owner in essence acquires the raw duplex space for $1.0M, or $555/sq ft (well below market price in Greenpoint, if you can even find it). Then, for the remaining $2.99M of the overall purchase price, the new owner takes over the remaining rentals in the building (whose net annual income of $181,000 represents a CAP rate of 6.2%).


Larger Owners Unit Potential:
The purchaser can also opt to create a larger living space by combining additional units in the building. For example, the buyer could combine both garden/parlor-floor duplexes to create an incredible 3600 sq ft home with multiple private outdoor spaces, and receive net rental income of $125,000 per year. On the open market, a sprawling luxury duplex like this would conservatively be valued at $3.96M.


The Best Neighborhood in Brooklyn:
Offering NYC skyline views, beloved parks, and recently developed waterfront green spaces, Greenpoint has leapfrogged other popular Brooklyn neighborhoods to become a prime destination for transplants from other parts of the city and all over the world.
It is considered to be one of the hottest neighborhoods in New York City. Greenpoint’s abundance of culinary and nightlife options is evidence of its thriving growth, while at the same time remaining a sought-after residential neighborhood. Greenpoint is a veritable wonderland of mom-and-pop shops and food markets, boutiques and curio shops - many of them dating back to the 1910’s, while others opened circa the 2010’s. Served by both the G subway line and ferry service, Greenpoint is easily reachable by commuters and visitors alike.

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