Prilika:
· Živite s prihodom: Uselite se u predratnu, višefamilijarnu kuću s značajnim ponovljenim prihodima od najma u Greenpointu, Brooklyn, po cijeni od 3,99 milijuna dolara.

· Živite u novouređenom duplex stanu u jednom od najtraženijih područja Brooklyna po cijenama ispod tržišnih, i brzo akumulirajte kapital s pasivnim prihodom od najma. Jedinica vlasnika može se potpuno prilagoditi.

Nepokretnina:
Smještena u ulici sa drvećem u Greenpointu, Brooklyn, 199 Java Street je zgrada od opeke i kamena površine 7.200 četvornih stopa, s 6 obitelji, izgrađena 1931. godine. Zgrada prostire 25’ x 80’ na parceli veličine 25’ x 100’, a ima 6 jedinica za najam.

Gospodarstvo kupnje:
Uselite se u potpuno novi duplex stan od 1800 četvornih stopa s ekskluzivnim pristupom vrtu, i primite procijenjenih 181.000 dolara neto prihoda od pet jedinica za najam.

Pretpostavljajući konzervativnu cijenu po četvornom stopu od 1.100 dolara za novo renovirani prostor, duplex vlasnika bio bi procijenjen na 1,98 milijuna dolara na otvorenom tržištu.

Novi vlasnik u suštini stječe sirovi duplex prostor za 1,0 milijun dolara, ili 555 dolara po četvornom stopu (dobro ispod tržišne cijene u Greenpointu, ako je uopće možete naći). Tada, za preostalih 2,99 milijuna dolara od ukupne cijene kupnje, novi vlasnik preuzima preostale najmove u zgradi (čija neto godišnja dobit od 181.000 dolara predstavlja CAP stopu od 6,2%).

Potencijal veće jedinice vlasnika:
Kupac također može odlučiti stvoriti veći životni prostor kombiniranjem dodatnih jedinica u zgradi. Na primjer, kupac bi mogao spojiti oba duplexa na razini vrta/salona kako bi stvorio nevjerojatni dom od 3600 četvornih stopa s više privatnih vanjskih prostora, i primiti neto prihod od najma od 125.000 dolara godišnje. Na otvorenom tržištu, takav prostrani luksuzni duplex bio bi konzervativno procijenjen na 3,96 milijuna dolara.

Najbolje susjedstvo u Brooklynu:
S pogledom na horizont NYC, omiljenim parkovima i nedavno razvijenim obalnim zelenim prostorima, Greenpoint je preskočio druga popularna brooklynska naselja i postao primarna destinacija za novopridošlice iz drugih dijelova grada i cijelog svijeta.
Smatra se jednim od najtraženijih četvrti u New Yorku. Bogatstvo kulinarskih i noćnih opcija Greenpointa dokaz je njegovog dinamičnog rasta, a istovremeno ostaje traženo stambeno naselje. Greenpoint je pravi čarobni svijet maloprodajnih trgovina i prehrambenih tržišta, butika i radnji s radoznalostima - mnoge od njih datiraju iz 1910-ih, dok su druge otvorene oko 2010-ih. Poslužen linijom podzemne željeznice G i uslugom trajekta, Greenpoint je lako dostupan putnicima i posjetiteljima.

Postava dostupna na zahtjev.

The opportunity:
· Live With Income: Take up residence in a pre-war, multi-family townhouse with significant recurring rental income in Greenpoint, Brooklyn for $3.99M.

· Live in a newly built-out duplex apartment in one of Brooklyn’s hottest areas for below-market prices, and amass equity quickly with passive rental income. The owner’s unit build-out can be fully customized.


The property:
Located on a tree-lined street in Greenpoint, Brooklyn, 199 Java Street is a 7,200 sq ft, 6-family brick-and-stone structure built in 1931. Spanning 25’ by 80’ on a 25’ X 100’ lot, the handsome building has 6 rental units.


Purchase Economics:
Take up residence in a brand-new 1800 sq ft duplex apartment with exclusive garden access, and receive an estimated $181,000 in net income from five rental units.

Assuming a conservative price per square foot of $1,100 for the newly renovated space, the owner’s duplex would be valued at $1.98M on the open market.

The new owner in essence acquires the raw duplex space for $1.0M, or $555/sq ft (well below market price in Greenpoint, if you can even find it). Then, for the remaining $2.99M of the overall purchase price, the new owner takes over the remaining rentals in the building (whose net annual income of $181,000 represents a CAP rate of 6.2%).


Larger Owners Unit Potential:
The purchaser can also opt to create a larger living space by combining additional units in the building. For example, the buyer could combine both garden/parlor-floor duplexes to create an incredible 3600 sq ft home with multiple private outdoor spaces, and receive net rental income of $125,000 per year. On the open market, a sprawling luxury duplex like this would conservatively be valued at $3.96M.


The Best Neighborhood in Brooklyn:
Offering NYC skyline views, beloved parks, and recently developed waterfront green spaces, Greenpoint has leapfrogged other popular Brooklyn neighborhoods to become a prime destination for transplants from other parts of the city and all over the world.
It is considered to be one of the hottest neighborhoods in New York City. Greenpoint’s abundance of culinary and nightlife options is evidence of its thriving growth, while at the same time remaining a sought-after residential neighborhood. Greenpoint is a veritable wonderland of mom-and-pop shops and food markets, boutiques and curio shops - many of them dating back to the 1910’s, while others opened circa the 2010’s. Served by both the G subway line and ferry service, Greenpoint is easily reachable by commuters and visitors alike.

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