137 Wyckoff Avenue is a mixed use investment property located in the heart of Bushwick.


Property

Website: https://www.nestseekers.com/5347425
Address:
New York, NY 11237
Ownership: For Sale
Type: mixed-use
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$4,700,000
Annual Taxes:$31,841.32

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.

Amenities

  • Cable - Available
  • Electricity Available
  • Phone Available
  • Sewer Connected

Contact

578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of Douglas Elliman Real Estate