$1,400,000 · BUSHWICK, NY 11237
Works for flippers

Available

$1,400,000Asking price

16 bd · 8 ba · 7,467 sq ft · built 1931

BUSHWICK, NY 11237

No contract on file

via InvestorLift Classic

Listed Oct 26

Works for flippers

The Numbers

Sells for (ARV)From the listing: $1,800,000
Asking price: −$1,400,000
RepairsThe seller’s figure. Ours: $102,000 – $212,500: −$40,000
Loan, holding, closing20% down, 12% interest, 2 points, 76 days: −$146,385
Profit11.9% of ARV · flippers want 10%+: $213,615
Works

Works for a flipper up to $1,431,000.

AS-IS HOME BUYERS

Conner

No reviews yet

Comps

ARV $1,800,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $2,176,000.

The sales behind this value are shown to members.

ARV $1,800,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

AS-IS HOME BUYERS

Conner

No reviews yet

Seller Description

SUBMIT AN OFFER!

8-unit property in Brooklyn, NY. Each unit is a 2bed/1bath and electric/gas are individually metered per unit. Property was built in 1931 and is 4-stories. Beautiful building.

Price: $1.4M

ARV: $1.8M

Property Overview:

Each unit is a 2bed/1bath
Sq Ft: 7,467
Lot Size: 2,400
Built: 1931

Comments: Beautiful 8-unit building, located in the heart of Bushwick. All 8 units are occupied, collecting over $110k per year in rental income. We will be getting additional financials within the next week or so, and will have walkthroughs set up for the top few buyers around the same time. Please reach out to Conner at 909-365-2795 or conner@starlightpropgroup.com if you're interested!