New York, NY 11237

Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Pets: Pets No
Lot Size: 0.06 Acres

Financials

Price:$1,498,000
Annual Taxes:$11,843.16
578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of Prime America Real Estate Inc

Description

Prime Investment Opportunity in Bushwick, NY Discover the potential of 296 Suydam Street, where opportunity meets prime location in the heart of Bushwick, NY. This expansive 7,000 SF property offers a rare chance to own a six-apartment building, including two vacant first-floor units with a basement and backyard, providing endless possibilities for investors and end-users alike. Situated directly opposite Maria Hernandez Park, offering serene park views and an active community atmosphere. Offered at 214 per SF, making it a highly attractive opportunity in the booming Bushwick market. The vacant first-floor units provide a blank canvas for customization, while the existing apartments generate consistent rental revenue. Take advantage of Bushwick’s strong rental market with immediate leasing opportunities or reposition for higher returns. Optimize the R6 zoning and Unused FAR to enhance the property's value with additional buildable space. Close to multiple subway lines and bus routes, offering seamless access to Manhattan and surrounding boroughs. This is a rare opportunity to secure a high-demand property in one of Brooklyn’s most dynamic neighborhoods. Don’t miss out. Unlock the full potential of 296 Suydam Street

Prime Investment Opportunity in Bushwick, NY Discover the potential of 296 Suydam Street, where opportunity meets prime location in the heart of Bushwick, NY.


    Long Island MLS

    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.