Property
| Ownership: | For Sale |
|---|---|
| Type: | Multi-Family |
| Bedrooms: | Studio |
| Lot Size: | 0.1 Acres |
Financials
Listing Courtesy of Prime Realty
Rare Vacant 6 Family Value Add Investment Opportunity Exceptional opportunity to acquire a fully vacant 6 family brick building in the heart of Ridgewood Bushwick.
Description
Rare Vacant 6-Family Value-Add Investment Opportunity
Exceptional opportunity to acquire a fully vacant 6-family brick building in the heart of Ridgewood/Bushwick. Vacant for approximately three years, this property offers investors and developers a rare chance to reposition the asset at current market rents without tenant relocation issues.
The building contains approximately 4,875 square feet with six residential units across three stories. According to NYC Department of Finance records, the property is classified as a 6-unit residential walk-up (Class 2A) and sits within an R6 zoning district.
Located just off Wyckoff Avenue, the property benefits from strong rental demand and excellent transportation access, with nearby subway service providing a quick commute into Manhattan.
Property Highlights
6 Residential Units
Approx. 4,875 SF Building Size
3 Stories
Built in 1931
Fully Vacant
Significant Value-Add Potential
Opportunity to Set Market Rents
Strong Ridgewood/Bushwick Location
Annual Property Taxes Approximately $11,668
Whether you're seeking a long-term hold, redevelopment opportunity, or a complete repositioning project, 409 Suydam Street offers a compelling combination of location, scale, and upside potential in one of Brooklyn's strongest rental markets.
Delivered vacant and ready for immediate renovation, leasing, or redevelopment.
Amenities
- Cable - Available
- Electricity Connected
- Phone Available
- Sewer Connected
- Trash Collection Public
- Water Connected

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.