Nobody Tells You What a Bushwick Triplex Actually Earns Every Month. Until Now

$8,800 a month. That's what this building can produce. 1117 Decatur Street — Bushwick, Brooklyn. Fully renovated all-brick triplex with a finished lower level. Three units, three separate electric meters, three separate gas meters. All vacant. And I'm walking every single one of them so you can see exactly what you're getting. This is the kind of building buyers in Bushwick, East New York, and Cypress Hills are actively looking for right now — and most of them don't even know it's possible to find it move-in ready at this price point. Now you do. 📊 THE NUMBERS — What This Building Produces Unit 1 — 2BR/1BA — 808 sq ft — est. $2,400/mo Unit 2 — 3BR/2BA — 897 sq ft — est. $3,200/mo Unit 3 — 3BR/2BA — 848 sq ft — est. $3,200/mo Total gross rent (all 3 units): $8,800/mo 🏠 HOUSE-HACK SCENARIO — You Live in Unit 1 You collect: $6,400/mo (Units 2 + 3) Your monthly mortgage obligation (20% down, 7%): ~$9,455/mo Your actual out-of-pocket: ~$3,055/mo Renting a studio in Bushwick right now: $2,200–$2,800/mo You are paying slightly more than rent to OWN a building, build equity, and let your tenants carry most of the mortgage. Every single month. 💼 FULL INVESTOR SCENARIO — Rent All 3 Gross rent: $8,800/mo Monthly PITI: ~$9,455/mo Net carry cost: ~$655/mo Annual equity paydown (Year 1): ~$19,600 Plus appreciation in one of Brooklyn's most active markets. Property taxes: $10,222/yr ($852/mo) — low for Brooklyn. Three separate meters — every tenant pays their own utilities. 🏢 PROPERTY DETAILS — 1117 Decatur Street, Bushwick, Brooklyn 11207 Price: $1,550,000 Type: 3-family + finished lower level Total sq ft: 4,290 Bedrooms: 8 total across all units Bathrooms: 5 full Style: Modern brick, built 2005, fully renovated Condition: Updated/remodeled throughout Outdoor space: Private rear patio/deck Lower level: Fully finished — family room, summer kitchen, 2 additional rooms, full bath, walk-out access Meters: 3 electric / 3 gas (tenants pay their own utilities) Parking: On street Annual taxes: $10,222 Status: All units vacant — move-in ready 👉 Comment BUYER — I'll DM you my free NYC Buyer's Guide (10 steps to buying property in New York City in a seller's market, from pre-approval to closing) + get you in to see this building. Serving Bushwick, East New York, Cypress Hills, and all of Brooklyn and Queens. 👉 Comment OCCUPIED — I'll DM you my free Occupied Multifamily Owner's Guide (21 things you can do right now to sell your building at full market value — with tenants in place). Because your building doesn't have to be empty to sell it. 👉 Comment NUMBERS — I'll send you the full house-hack breakdown for this property. 👉 Drop any topic or question in the comments. I read every one. I'll make the video. #BushwickRealEstate #BrooklynMultifamily #EastNewYork #CypressHills #NYCRealEstate #HouseHacking #BrooklynRealEstate #MultifamilyInvesting #HouseHack #BrooklynHomes #NYCInvesting #RealEstateTour #BrooklynTriplex #TheySellBuyRealEstate #PhilipRoss LISTING COURTESY A special thank you to the listing agents on this property — Michael D. Morris and Roberto Tolentino of VYLLA Home — for the opportunity to tour and share 1117 Decatur Street. If you have questions about this specific listing, please reach out to the listing office directly. DISCLAIMER Rent estimates shown are based on current Bushwick market comps at the time of filming and are provided for illustrative purposes only. Actual rents may vary. All financial projections including mortgage payments, monthly costs, and rental income are estimates only and are not guaranteed. Mortgage payment calculations assume 20% down payment at a 7% fixed interest rate on a 30-year loan and will vary based on your individual financial situation, credit profile, and lender terms. All information presented in this video should be independently verified. Consult a licensed lender, attorney, and tax professional before making any real estate or financial decision. Philip Ross is a licensed real estate salesperson at eXp Realty. This video is for informational purposes only and does not constitute financial, legal, or investment advice. Equal Housing Opportunity.