7.1% CAP
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no data
Multi-family
Property Type
No NOI data
Net Operating Income (NOI)
19 unit(s)
Total Units
7.1%
CAP RATE
19
Leasable Doors
No price data
Price per unit
Two contiguous 4-story elevator buildings consisting of 17 apartments and 2 commercial spaces. The commercial occupies both 499 & 503 Evergreen Ave.
Amenities in the building include: Dog Spa, Storage & Laundry room, and Rooftop Access. The 35 year tax abatement (70/30) was commenced in 2022.
The Commercial Tenant is on a NNN lease ( Pays all utilities including their portion of
the Taxes).
Commercial occupies a total of 7,850 total sqft both ground and lower level floor.
- Located in the Bushwick section of Brooklyn, near shopping, dining and entertainment options
- Within walking distance to the Chauncey Street Station
