137 Wyckoff Ave - Apartments FOR SALE


Brooklyn, NY 11237- Bushwick
$4,700,000 USD
646-457-8634
137 Wyckoff Ave, Brooklyn, NY for Sale
$4,700,000 USD
Apartments - FOR SALE
1/2
null | Request Cap Rate

137 Wyckoff Ave
Brooklyn, NY 11237
Bushwick


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$4,700,000 USD

PRICE/SF

$627 USD /SF

# OF UNITS

7

PRICE/UNIT

$671,429

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1931

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

2,943 SF

ZONING

R6

APN/PARCEL ID

03249-0001

ASK ABOUT THIS PROPERTY

Steven LlorensDouglas Elliman CommercialMore Info
646-457-8634

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Steven LlorensDouglas Elliman CommercialMore Info
646-457-8634

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.