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168 Bleecker Street Brooklyn, NY 11221

168 Bleecker Street Brooklyn, NY 11221. Bushwick Neighborhood. Three story brick building with basement and backyard Consisting of six units New Gas Boiler Separately Metered (Gas and electric) Building Size of 4,875 SF Additional 1,200 SF of Air Rights 100% Occupied NOI: $ 55,818

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168 Bleecker Street Brooklyn, NY 11221

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  1. 168 Bleecker Street Brooklyn, NY 11221 Bushwick Neighborhood • Three story brick building with basement and backyard • Consisting of six units • New Gas Boiler • Separately Metered • (Gas and electric) • Building Size of 4,875 SF • Additional 1,200 SF • of Air Rights • 100% Occupied • NOI: $ 55,818 • Price PSF: $ 282.05 • ASKING PRICE: • $ 1,375,000

  2. Confidentiality Disclaimer The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Asset Commercial Realty Group, LLC (“AssetCRG”) and should not be made available to any other person or entity without the written consent of AssetCRG. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. AssetCRG has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB's or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, AssetCRG has not verified, and will not verify, any of the information contained herein, nor has AssetCRG conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.

  3. Portfolio Snapshot Asset Commercial Realty Group has been exclusively retained to market 168 Bleecker Street, a three story, six unit brick building in the Bushwick neighborhood of Brooklyn. The building spans a total of 4,875 SF with six 2 bedroom units that are railroad style. The building is 100% leased to 6 tenants and has a basement and backyard. The building is separately metered for gas and electric with a new gas boiler that was installed a 2 months ago. The property also has roughly 1,200 square feet of air rights. The building is well positioned with great access to public transportation such as a two blocks from the [M] subway line, [B54, & B60] buses, and highways such as the Jackie Robinson Parkway. Collectively, the asset produces a gross income of $71,616 with a total expense of $15,798 and yields an Net Operating Income (NOI) of $55,818. Ownership has set the asking price at $1,375,000 which reflects a 4.06 % CAP rate.

  4. Financial Overview & Lease Analysis Rent Roll Building Analysis Financial Analysis

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  9. 168 Bleecker Street Brooklyn, NY 11221 Bushwick Neighborhood • Three story brick building with basement and backyard • Consisting of six units • New Gas Boiler • Separately Metered • (Gas and electric) • Building Size of 4,875 SF • Additional 1,200 SF • of Air Rights • 100% Occupied • NOI: $ 55,818 • Price PSF: $ 282.05 • ASKING PRICE: • $ 1,375,000 PLEASE CONTACT EXCLUSIVE ADVISOR: Yuriy Ustoyev Senior Executive Director Email: Yuriy@assetcrg.com Direct: (718) 838-4842 Broker Cooperation is Welcome!

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