637 Wilson Avenue
Brooklyn, NY 11207
Cross street:Cooper Street

Building

Type:Low-rise
Era:Post-war
Floors:3

Property

Ownership: Mixed Use
Rooms: 20
Bedrooms: Studio

Financials

Price:$3,000,000
Real estate tax:$16,824
Listing Courtesy of Compass

637 Wilson Avenue presents a compelling opportunity to acquire a well configured mixed use building featuring five residential units over one commercial space.

Description

637 Wilson Avenue presents a compelling opportunity to acquire a well-configured mixed-use building featuring five residential units over one commercial space. The residential component consists of five spacious three-bedroom apartments, layouts that appeal to a wide tenant base. Currently, four of the residential units and the commercial space are occupied, providing immediate income, while one apartment is vacant. There is also the potential for additional units to be delivered vacant at closing, offering flexibility for repositioning, rent optimization, or end-user occupancy. The strong unit mix and current setup allows for both stability and value-add strategy. Situated in a growing neighborhood with continued development and demand, 637 Wilson Avenue is well-positioned for long-term appreciation and income growth. There is a full height basement, perfect to either integrate for additional commercial space, or can potentially be used for storage, additional laundry space or common space for renters. The L train is across the street, giving renters/owners easy access to Manhattan. Building: 26x77 Lot: 26x100 Tax Class: 2A Inquire for income and expense info.

Amenities

  • Basement
  • Voice Intercom

Neighborhood

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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.