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About This Home
This 0-bedroom, 5-bathroom residential multi family at 473 Humboldt Street in Brooklyn, NY is listed for $3,400,000. Built in 1928, on a 25.00 acres lot.
INVESTOR ALERT/High-Yield 5-Unit Asset in Prime Williamsburg Brooklyn 11211 Rare Value-Add Multi-Family/Completely Renovated ($5,500/mth+) Anchor Unit (Largest unit 3-bdrm w/outdoor space ) delivered vacant. Zero Day-1 CapEx required for primary asset!
/Remaining Units in Turnkey Condition! 100% Free Market!! Located just a few blocks to both the Graham Ave. L and Lorimer St. G trains for an effortless, minutes-long commute into Manhattan!! A globally recognized residential hotspot! Steps away from premier Brooklyn dining, unmatched art venues, nightlife, gyms, yoga studios & luxury retail!
Welcome to 473 Humboldt Street!! Turnkey & Rent-Ready throughout! Unlike typical value-ad assets that require heavy structural overhauls, all remaining apartments are in good, well-maintained condition! This 5-famly building has the most resilient rental market offering a perfect combination of immediate premium cash flow and a clear path to high-margin returns!
Opportunity is Knocking on your door!! Cap Rate as of present is 5.1. Pro forma is modestly calculated at 7.5 Please call for a private viewing and set-up.
Key Features
- Built in 1928
- 25.00 acre lot
- 3 stories
Property Details
Amenities
Monthly Cost Estimate
$18,184/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
473 Humboldt Street
Brooklyn, NY 11211
Property Details
Flooring
Construction
Parking
Heating
Questions & Answers
This 0-bedroom, 5-bathroom residential multi family at 473 Humboldt Street is listed at $3,400,000. The estimated monthly payment is $14,733 based on 20% down at 6.5% interest.
Key features include: Built in 1928, 25.00 acre lot, 3 stories.
This property is listed by Laura Ferris and can be reached at 7183837800 or laura@ferrispropertiescorp.com.
