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296 Suydam Street, Brooklyn, NY, 11237 $1,498,000

Multi Family Commercial  

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Details ML#: 834217  

  • # of Families: 6
  • Sale or Rent:Sale
  • Year Built: 1931
  • Taxes: $11,843
  • Status:Active

Description

Prime Investment Opportunity in Bushwick, NYDiscover the potential of 296 Suydam Street, where opportunity meets prime location in the heart of Bushwick, NY. This expansive 7, 000 SF property offers a rare chance to own a six-apartment building, including two vacant first-floor units with a basement and backyard, providing endless possibilities for investors and end-users alike. Situated directly opposite Maria Hernandez Park, offering serene park views and an active community atmosphere. Offered at 214 per SF, making it a highly attractive opportunity in the booming Bushwick market. The vacant first-floor units provide a blank canvas for customization, while the existing apartments generate consistent rental revenue. Take advantage of Bushwick’s strong rental market with immediate leasing opportunities or reposition for higher returns.Optimize the R6 zoning and Unused FAR to enhance the property’s value with additional buildable space. Close to multiple subway lines and bus routes, offering seamless access to Manhattan and surrounding boroughs.This is a rare opportunity to secure a high-demand property in one of Brooklyn’s most dynamic neighborhoods. Don’t miss out. Unlock the full potential of 296 Suydam Street

More Property Details

Property Features

Lot Size: 0.0574   Lot Sq Ft: 2500   Stories: 3  

Appliances & Utilities

Heat: Hot Water   A/C: Wall/Window Unit(s)   Water: Public   Sewer: Public Sewer  

Financial

Taxes: $11,843  

Local Area Information

School District: Ps 376  

Listing Information provided courtesy of Prime America Real Estate Inc  info@primeamericany.com
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