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.


Property

Website:https://www.nestseekers.com/5542657
Address:
New York, NY 11237
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.

Amenities

  • Natural Gas Connected

Contact

578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of Keller Williams Landmark II