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Key Details
Property Type Other Types
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1012716
Rental Info No
Year Built 1931
Annual Tax Amount $11,668
Lot Size 2,500 Sqft
Acres 0.0574
Property Sub-Type Multi Family
Source onekey2
Property Description
Exceptional opportunity to acquire a fully vacant 6-family brick building in the heart of Ridgewood/Bushwick. Vacant for approximately three years, this property offers investors and developers a rare chance to reposition the asset at current market rents without tenant relocation issues.
The building contains approximately 4,875 square feet with six residential units across three stories. According to NYC Department of Finance records, the property is classified as a 6-unit residential walk-up (Class 2A) and sits within an R6 zoning district.
Located just off Wyckoff Avenue, the property benefits from strong rental demand and excellent transportation access, with nearby subway service providing a quick commute into Manhattan.
Property Highlights
6 Residential Units
Approx. 4,875 SF Building Size
3 Stories
Built in 1931
Fully Vacant
Significant Value-Add Potential
Opportunity to Set Market Rents
Strong Ridgewood/Bushwick Location
Annual Property Taxes Approximately $11,668
Whether you're seeking a long-term hold, redevelopment opportunity, or a complete repositioning project, 409 Suydam Street offers a compelling combination of location, scale, and upside potential in one of Brooklyn's strongest rental markets.
Delivered vacant and ready for immediate renovation, leasing, or redevelopment.
Location
State NY
County Kings (brooklyn)
Rooms
Basement Full
Interior
Heating Oil
Cooling None
Fireplace No
Exterior
Parking Features None
Utilities Available Cable Available, Electricity Connected, Phone Available, Sewer Connected, Trash Collection Public, Water Connected
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Ps 123 Suydam
Middle Schools Jhs 162 Willoughby (The)
High Schools Brooklyn 32
School District Brooklyn 32
Others
Special Listing Condition None
NEARBY SCHOOL & BUSINESS
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716