$2,300,000
$2,300,000
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10 Beds
6 Baths
SOLD DATE : 05/12/2025
Key Details
Sold Price $2,300,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Bushwick
MLS Listing ID RLS11000245
Sold Date 05/12/25
Bedrooms 10
Full Baths 6
HOA Y/N No
Annual Tax Amount $11,844
Property Sub-Type Mixed Use
Property Description
The EklundGomes Team presents 92 Jefferson Street, a mixed-use investment opportunity in Bushwick with a 6.72% proforma cap and additional growth potential. The 3-story building has 5 apartments and a commercial space, totaling approximately 4,575 sf. Building setup: Ground Level The commercial space occupied by the highly rated restaurant Formosa (with cellar access) A studio unit with a large private yard Floors 2-3 Two 2-BR/1-BA units per floor The commercial space is currently leased through 2033. Conveniently located at the nexus of Bushwick, East Williamsburg, Bed-Stuy, and South Williamsburg. Just 2 blocks from the J, M, Z trains at Myrtle Avenue and about 10 minutes to the L train at Morgan Avenue for easy access to Williamsburg and Manhattan. 92 Jefferson St. is an excellent opportunity for investors to acquire an income generating property with attractive upside.
Location
State NY
County Kings
Rooms
Basement Other
Interior
Interior Features Smoke Free
Cooling Other
Fireplace No
Laundry In Unit
Exterior
Exterior Feature Private Outdoor Space Under 60 Sqft
View Y/N No
View Other
Porch None
Private Pool No
Building
Story 3
New Construction No
Others
Ownership None
Monthly Total Fees $987
Special Listing Condition Standard
Pets Allowed Building Yes, No
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RLS Data display by WJFNY