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$899,999
Est. payment /mo
12 Beds
6 Baths
4,725 SqFt
UPDATED:
Key Details
Property Type Multi Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,725 sqft
Price per Sqft $190
MLS Listing ID 500373
Style Other
Bedrooms 12
Full Baths 5
Year Built 1931
Annual Tax Amount $11,726
Property Sub-Type Multi-Family
Property Description
In the heart of Bushwick, this classic 6-family brick building presents a rare opportunity to acquire a stabilized, income-producing asset in one of Brooklyn's most dynamic and rapidly evolving neighborhoods. Built in 1931, the property spans approximately 4,725 square feet across three stories on a 25 x 100 lot, offering both solid fundamentals and long-term upside potential. The building consists of six well-proportioned residential units, each configured with two bedrooms and one full bathroom—an in-demand layout that continues to attract steady tenancy. Five of the six units are currently tenant-occupied, with one owner-occupied unit providing immediate flexibility for an end-user or future rent optimization. The property is rent-stabilized, making it an ideal addition to a portfolio focused on consistent, reliable cash flow. A partially finished basement with a separate entrance adds additional value, offering potential for storage, laundry, or other ancillary uses. Positioned in a prime Bushwick location, the property benefits from exceptional connectivity and neighborhood amenities. The nearby Myrtle-Wyckoff Avenues Station is approximately minutes away, providing direct access to both the L and M subway lines. Residents can reach Downtown Brooklyn are nearby and Midtown Manhattan as well, making this an attractive option for commuters. The surrounding area offers a vibrant mix of lifestyle conveniences. Outdoor recreation is easily accessible at Maria Hernandez Park, a neighborhood staple just minutes away. Daily needs are met with nearby grocery options like Food Bazaar Supermarket, while popular coffee shops such as Variety Coffee Roasters and a diverse selection of restaurants and bars contribute to the area's energetic appeal. Additional nearby conveniences include local pharmacies, urgent care centers, and the United States Post Office. This location is truly paradise,"
Location
State NY
County Kings (brooklyn)
Area Bushwick
Zoning R6
Rooms
Basement Full, Semi-Finished, Separate Entrance
Interior
Hot Water Hot Water Coil in Boiler
Heating Gas
Flooring Laminate
Heat Source Gas
Exterior
Exterior Feature Brick
Amenities Available Secure Lobby
Roof Type Flat,Rubber
Handicap Access No
Building
Story 3
Foundation Poured Concrete
Others
Energy Description Gas
Financing Bank Mortgage,Cash
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Listed by Robert Defalco Realty
NEARBY SCHOOL & BUSINESS
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716