Property Name: Bushwick Walk-Up
Location: 47 Stanhope St, Brooklyn, NY
Property Type: Multifamily
A 6 unit walk-up multifamily building in the heart of Bushwick. Tenants enjoy easy access to the J & M trains, which provide access to lower Manhattan in under 30 minutes. The units are a mix of two & three BR layouts, five of which have been newly renovated and are FM. At the time of purchase, blended average rents were 16.50% below the existing market rents for this submarket.