Aṣẹpọ Iṣowo 1219 Halsey Street, Bushwick, Brooklyn, NY 11237
Ile Multifamily 8-Ẹka Ti N bẹfẹ $1,089,000

Corcoran ti wa ni idasilẹ ni pataki lati ta ati ta 1219 Halsey Street - ile multifamily 8-Ẹka ti o kun diẹ, ti o ṣe owo-wiwọle, ti o wa ni ọkan ti Bushwick, Brooklyn. Ile yi ti a da ni 1906, ile mẹrin yii jẹ apẹẹrẹ ti iwuwo ti ko ni ija ati irọrun ṣiṣe lọwọlọwọ, ti o nfunni fun oludokoowo apapọ ti ṣiṣan owo ni kiakia ati alekun to niye ni igba pipẹ.

Ile naa
Ile naa ni awọn ile-iṣọ mẹjọ ti o ni iwọn 2-bed, 1-bathroom taara, ọkọọkan n gba iwọn 861 ẹsẹ onigun, pẹlu ijerisi ti o ṣiṣẹ ọna gusu-gbogbo ti o kun gbogbo ẹka pẹlu imọlẹ adayeba ni gbogbo ọjọ. Ile naa wa lori ilẹ 26.42 awọn ẹsẹ 100, ti wa ni zoni R6, ati pe o ni iṣẹ-ori Kilasi 2B.

Imudara Iṣowo
Awọn imudarasi olu ti pataki ti wa ni pari, ti o mu ki nkan yii jẹ irọrun fun oniwun atẹle rẹ. Awọn ilọsiwaju pẹlu imudojuiwọn ẹrọ itanna ti o ni kikun pẹlu awọn circuit breakers ti a ti kọja si gbogbo ilẹ mẹrin, awọn mita ẹni kọọkan ti a ṣe imudojuiwọn, awọn ibi idana ati awọn baluwe ti a tunṣe ni gbogbo aaye, ati iyipada lati epo si gaasi fun gbigbona - imudara iṣẹ ti o ni itumọ ti o dinku pupọ awọn inawo to nlọ lọwọ ati ijẹrisi itọju igba pipẹ.

Owo-wiwọle ati Iṣiṣẹ Inawo
Gbogbo awọn ẹlẹgbẹ mẹjọ wa ni lọwọlọwọ pẹlu ko si awọn ọrọ, n ṣe $10,015 ni oṣooṣu ati $120,180 ni idiyele-ọya ti oṣooṣu lapapọ. Awọn inawo ṣiṣe lododun pin bi atẹle:
Awọn owó ile: $14,205
Omi: $10,290
Iṣeduro: $10,403
Gaasi / gbigbona: $6,800
Ile-iṣẹ agbegbe: $1,584
Lapapọ inawo: $43,282
Eyi mu Net Operating Income ti a ṣe iṣiro ti $76,898, oṣuwọn cap ti o fẹrẹ to 7.06%, ati Gross Rent Multiplier ti 9.06x - awọn metiriki ti o ni iwunilori fun ohun-ini multifamily ti a da silẹ ni Brooklyn ni idiyele yii.
O ṣe pataki lati tọka: ile naa n ṣiṣẹ lọwọlọwọ lori isanwo omi flat-fee, n tẹsiwaju fun anfani lẹsẹkẹsẹ fun oniwun tuntun lati yipada si isanwo mita ati dinku awọn inawo ṣiṣe.

Ibi
Ile 1219 Halsey Street wa ni igbesẹ lati ibudo akero Halsey Street J/Z ati Irving Square Park, o ni anfani lati isopọ ọkọ ayọkẹlẹ ti o ni iyalẹnu ati iraye si lẹsẹkẹsẹ si awọn ibiti jijẹ, itaja, ati alẹ ni ọna Knickerbocker Avenue. Bushwick ti n tẹsiwaju lati jẹ ọkan ninu awọn agbegbe ti Brooklyn ti o dara julọ ati ti o ni iye kọọkan, ti n fa ipilẹ ti ndagba ti awọn akosemose ọdọ ati awọn olugbe ọjọ pipẹ ni papọ - ti o n ṣe atilẹyin fun ibeere iyàrẹ ati iye ohun-ini fun ọdun to wa.

Aṣẹpọ
Pẹlu ko si awọn ọrọ, iṣakoso ti a ṣe da, ohun elo ti a tunṣe, ati ṣiṣan owo to lagbara, 1219 Halsey Street ni aṣoju rira ti o peye fun oludokoowo ti n wa ohun-ini ti ko ni itọju pupọ ti o nṣe owo ni ọkan ninu awọn submarkets ti o ni agbara julọ ni Brooklyn. Awọn ohun-ini ti didara yii, ni oṣuwọn cap yii, ni idiyele yii, ko duro.

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.