New York, NY 11237

Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$1,300,000
Annual Taxes:$8,879.68
578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of Mahler Realty

Rare 6 Unit Multifamily Investment Opportunity in Prime Bushwick Exceptional opportunity to own a six family apartment building in the heart of Bushwick, one of Brooklyn s fastest growing neighborhoods.

Description

Rare 6-Unit Multifamily Investment Opportunity in Prime Bushwick Exceptional opportunity to own a six-family apartment building in the heart of Bushwick, one of Brooklyn’s fastest-growing neighborhoods. This well-located property features six residential units producing strong cash flow, making it a valuable addition to any investment portfolio. Just steps from Knickerbocker Avenue, a busy commercial corridor, the building benefits from high foot traffic and close proximity to supermarkets, popular cafés, restaurants, and everyday conveniences. The area continues to experience steady growth and revitalization, with expanding commercial activity and ongoing development. Commuters enjoy easy access to Manhattan via the nearby L train, as well as the Brooklyn-Queens Expressway, offering a convenient drive into the city. Located within an eastern Brooklyn Opportunity Zone, the property presents long-term upside in a rapidly appreciating neighborhood. Ideal for first-time multifamily investors or owner-occupants seeking to live in one unit while generating rental income from the others.

Amenities

  • Cable Connected
  • Electricity Connected
  • Phone Connected
  • Sewer Connected
  • Trash Collection Public
  • Water Connected

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.