236 Suydam Street presents an opportunity to acquire a 6 unit rent stabilized multifamily asset in the heart of Bushwick, Brooklyn, offered below the 1 million threshold.
New York, NY 11237
Listing
| Web ID: | 5542657 |
|---|---|
| Website: | https://www.nestseekers.com/5542657 |
Property
| Ownership: | For Sale |
|---|---|
| Type: | Multi-Family |
| Bedrooms: | Studio |
| Lot Size: | 0.1 Acres |
Financials
Price:$999,999
Annual Taxes:$8,667
Description
236 Suydam Street presents an opportunity to acquire a 6-unit rent stabilized multifamily asset in the heart of Bushwick, Brooklyn, offered below the $1 million threshold.
Owned by the same family since 1997, the property has been carefully maintained and features a stable long-term tenant base, providing consistent income and operational stability for investors seeking a long-term Brooklyn hold.
Positioned in one of Brooklyn’s most established and continuously evolving neighborhoods, the asset benefits from excellent transportation access, vibrant local amenities, and sustained demand for rental housing.
An ideal opportunity for experienced investors, value-add operators, or 1031 exchange buyers seeking stable cash flow, predictable occupancy, and long-term appreciation potential within the Brooklyn multifamily market.
Current gross annual income of $99,324 Additional financial information available upon request.
Virtual Tour: https://vimeo.com/1200514613?fl=tl&fe=ec
Amenities
- Natural Gas Connected
Contact
Listing Courtesy of Keller Williams Landmark II