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$4,700,000
Est. payment /mo
2,526 Sqft Lot
UPDATED:
Key Details
Property Type Mixed Use, Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 972113
Rental Info No
Year Built 1931
Annual Tax Amount $31,841
Lot Size 2,526 Sqft
Acres 0.058
Property Sub-Type Mixed Use
Source onekey2
Property Description
137 Wyckoff Avenue is a mixed-use investment property located in the heart of Bushwick. The building consists of seven residential units above one ground-floor retail space.
The residential component includes three rent-stabilized units and four free-market units. Current rents are below market, presenting a clear value-add opportunity through future rent growth and improved management.
The retail space is occupied by Dunkin' under a long-term lease, providing stable and reliable income.
The property offers investors a balanced income stream with a strong commercial tenant and meaningful upside potential in one of Brooklyn's fastest-growing neighborhoods.
The residential component includes three rent-stabilized units and four free-market units. Current rents are below market, presenting a clear value-add opportunity through future rent growth and improved management.
The retail space is occupied by Dunkin' under a long-term lease, providing stable and reliable income.
The property offers investors a balanced income stream with a strong commercial tenant and meaningful upside potential in one of Brooklyn's fastest-growing neighborhoods.
Location
State NY
County Kings (brooklyn)
Rooms
Basement Full
Interior
Heating Electric, Natural Gas
Cooling Multi Units
Fireplace No
Exterior
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Connected
Building
Story 4
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None
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Listed by Douglas Elliman Real Estate • Andrea L. Evans SRES
NEARBY SCHOOL & BUSINESS
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716