Lauren Mitinas
Serhant LLC
(646) 933-0831
21 Total Sales
1 in Williamsburg
$980,000 Price
Estimated Value: $1,431,000 - $1,730,000
Prime investment opportunity in Williamsburg! 82 Bushwick Avenue is situated in a prime location with Citi Bike and the Grand L stop right outside the front door. Property needs gut renovation to reach its maximal potential. Currently tenant occupied, will be delivered vacant and closing can be as soon as July 26 or later.
Lot Size: 21.75 ft x 60.75 ft
R7A Zoning
Buildable Square Footage: 5,284 sqft
Would be an amazing single family townhome in prime Williamsburg, a two family with a triplex and rooftop lounge atop of a garden 1 or 2 bedroom, but most profitable would be developing into a 4 family rental building by adding a floor and creating two 2 bedroom and two 1 bedroom units.
Purchase price + estimated construction costs & prospective rents equates to a 6% or 7% cap rate, which is many real estate investor's dream!
Located in prime Williamsburg, this location is unmatched. Experience the incredible artistic vibe and ever-transient environment of one of the most talked about neighborhoods on Earth! So many unique and amazing bars, restaurants, nightlife, and boutique shops steps away from this house, as well as some of the most ground-breaking new fitness facilities in the entire NYC Metro; this address is like no other.
*Needs proper renovation and has significant air rights to maximize profitability. Advertised square footage is estimated and includes basement. Property data and prospective pro-forma available upon request.
**Selling in as-is condition.
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Lauren Mitinas
Serhant LLC
(646) 933-0831
21 Total Sales
1 in Williamsburg
$980,000 Price
Ezra Schatz
Corcoran Group
(717) 594-9805
23 Total Sales
2 in Williamsburg
$995K - $2.2M Price Range
Steve Halpern
Compass
(833) 246-3065
45 Total Sales
12 in Williamsburg
$499K - $4.9M Price Range
Haakim Byrd
HomeSmart Homes & Estates
(845) 420-3634
150 Total Sales
1 in Williamsburg
$1,600,000 Price
Danelle Snider
Compass
(844) 524-8811
59 Total Sales
1 in Williamsburg
$1,910,000 Price
Alex Gandelman
Serhant
(718) 304-0293
35 Total Sales
3 in Williamsburg
$369K - $1.4M Price Range
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,285,000 | -- | ||
| Langenberg Elizabeth | -- | -- | |
| Langenberg Elizabeth | -- | -- | |
| Tzimas Elizabeth | -- | -- |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $500,000 | ||
| Previous Owner | Tzimas Elizabeth | $350,000 | |
| Previous Owner | Tzimas Elizabeth | -- | |
| Previous Owner | Tzimas Elizabeyh | $189,000 |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/21/2022 09/21/22 | Sold | $1,285,000 | 0.0% | $513 / Sq Ft |
| 08/22/2022 08/22/22 | Pending | -- | -- | -- |
| 05/26/2022 05/26/22 | For Sale | $1,285,000 | -- | $513 / Sq Ft |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $4,403 | $120,960 | $15,720 | $105,240 |
| 2025 | $4,361 | $128,220 | $15,720 | $112,500 |
| 2024 | $4,361 | $113,580 | $15,720 | $97,860 |
| 2023 | $4,162 | $139,380 | $15,720 | $123,660 |
| 2022 | $3,719 | $138,900 | $15,720 | $123,180 |
| 2021 | $3,845 | $119,760 | $15,720 | $104,040 |
| 2020 | $2,840 | $100,080 | $15,720 | $84,360 |
| 2019 | $3,785 | $100,080 | $15,720 | $84,360 |
| 2017 | $3,287 | $16,123 | $2,777 | $13,346 |
| 2016 | $3,044 | $15,225 | $3,539 | $11,686 |
| 2015 | $1,835 | $15,225 | $3,780 | $11,445 |
| 2014 | $1,835 | $15,078 | $4,490 | $10,588 |
CR
Seller's Agent in 2022
Colin Roy
R New York
(212) 688-1000
1 in this area
3 Total Sales
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10801520
APN: 02784-0019
Ask me questions while you tour the home.