Introducing 380 Hooper Street a legal 6 family over 2 commercial in prime Williamsburg. The property is 27 54 built and 4 of the residential units are stable & 2 of them are Free Market. The total Rent Roll yearly is 210,000 and the expenses are 37,000 yearly with a yearly NOI of 173,000. This puts 380 Hooper at a 7.5% cap rate. There are 3 two bedrooms and 3 one bedrooms and one of the commercial spaces is currently vacant so the NOI will be more on full occupancy (upside on cap rate). The property is in good condition and there is a setup / walk through video available for qualified buyers.
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
Walk Score
Transit Score
Bike Score
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