430 Bleecker St - Apartments FOR SALE


Brooklyn, NY 11237- Bushwick
$1,200,000 USD
212-235-2764
430 Bleecker St, Brooklyn, NY for Sale
$1,200,000 USD
Apartments - FOR SALE
1/14
null | 7.72% Cap Rate

430 Bleecker St
Brooklyn, NY 11237
Bushwick


HIGHLIGHTS

  • Fully occupied 6-unit residential building in Bushwick, Brooklyn.
  • Strong in-place income with net operating income of $92,684 annually.
  • Located steps from Myrtle Avenue and the L and M subway lines for easy Manhattan access.
  • Surrounded by a thriving mix of restaurants, shops, and neighborhood amenities.
  • Positioned in a high-demand rental market with long-term growth potential.

OVERVIEW

430 Bleecker Street presents an exclusive opportunity to acquire a fully occupied, six-unit residential building in the vibrant Bushwick neighborhood of Brooklyn. This 3-story walkup spans approximately 5,355 square feet and sits on a 2,550-square-foot lot. The property is configured with six rent-stabilized apartments, providing stable, long-term income for investors seeking a secure asset in a high-demand rental market. Located near the intersection of Bleecker Street and Cypress Avenue, the building offers exceptional connectivity to local amenities, including restaurants, cafes, markets, and retail shops. Residents benefit from proximity to Myrtle Avenue and convenient access to the L and M subway lines, ensuring strong tenant retention and consistent rental demand. With a net operating income of approximately $92,684 and an asking price of $1,200,000, this property offers an attractive capitalization rate and long-term upside in one of Brooklyn’s most dynamic neighborhoods. Investors will appreciate the combination of stable cash flow, favorable zoning, and the continued growth trajectory of Bushwick as a residential and cultural hub.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$240 USD /SF

# OF UNITS

6

PRICE/UNIT

$200,000

CAP RATE

7.72%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1931

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

R6, Brooklyn

APN/PARCEL ID

03312-0022

ASK ABOUT THIS PROPERTY

Roni SoleimaniSP Capital Group LLCMore Info
212-235-2764

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Roni SoleimaniSP Capital Group LLCMore Info
212-235-2764

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