325 STOCKHOLM ST Brooklyn NY 11237-3699

325 Stockholm Street | Bushwick Brooklyn 11237

7-Unit Rent-Stabilized Multifamily | Updated Income & Cap Rate

Asking Price: $1,399,999
Current Cap Rate: 6.82 %
Pro Forma (3 % Increase): 7.08 %
Pro Forma (4.5 % Increase): 7.21 %
GRM (Current): 11.57 ×
Building Size: 4,125 SF | Units: 7 | Price / Unit: $199,999 | Price / SF: $339

Property Highlights

• Solid 7-unit rent-stabilized building located on a tree-lined block in the heart of Bushwick, Brooklyn

• Mix of well-maintained studio and one-bedroom units with consistent tenant demand

• Strong in-place income: $10,084 monthly / $124,009 annual gross

• Low operating expenses: $28,590 annually → NOI $95,554.68 (current)

• All units benefit from annual RGB guideline rent adjustments, ensuring steady rent growth

• Opportunity to increase NOI to nearly $101,149.22 within two years under standard lease renewals

• Building has been well maintained under long-term ownership with recent unit upgrades

• Convenient access to L & M subway lines, cafés, nightlife, and shopping corridors along Wyckoff and Irving Avenues

• Perfect for long-term investors seeking stable, predictable cash flow in a rapidly appreciating neighborhood

Investment Summary

• Type: Multifamily (Rent-Stabilized)

• Units: 7

• Stories: 3 + basement

• Zoning: R6

• Lot Size: ≈ 2,000 SF

• Building SF: 4,125 SF

• Year Built: Pre-War (Stabilized)

• Location: Between Irving & Knickerbocker Avenues, steps to Maria Hernandez Park

🏠 325 Stockholm Street | Bushwick, Brooklyn 11237

7-Unit Rent-Stabilized Multifamily | Updated Cap Rate 6.82 %

Asking Price: $1,399,999
Current Cap Rate: 6.82 % | Pro Forma (1-Year 3 %) 7.08 % | Pro Forma (2-Year 4.5 %) 7.21 %
GRM (Current): 11.57 × | Price / Unit: $199,999 | Price / SF: $339
Building Size: 4,125 SF | Units: 7

🏙️ Property Description

Solid 7-unit rent-stabilized building nestled on a tree-lined block in the heart of Bushwick, Brooklyn.
Comprised of well-kept studio and one-bedroom apartments, the property offers steady cash flow with annual RGB guideline increases that ensure predictable rent growth.
Current gross rental income totals $124,009 annually ($10,554 monthly) against modest expenses of $28,590, yielding a current NOI of $95,554 and 6.82 % cap rate.

Under typical renewal cycles, NOI is projected to reach $98,458 within two years (7.08 % cap), providing a clear path for steady income growth without vacancy risk. Long-term ownership has kept the building well-maintained with updated mechanicals and select unit renovations.
Located steps from the L and M subways, Maria Hernandez Park, and Bushwick’s thriving restaurant and art scene, this asset offers a rare blend of stability and upside in one of Brooklyn’s most active multifamily markets.

💡 Investment Highlights

• 7-Unit Rent-Stabilized Multifamily — Stable, regulated asset with predictable cash flow

• Current NOI: $95,554 | Cap Rate: 6.82 %

• 1-Year Pro Forma: NOI $98,458 | Cap 7.08 %

• 2-Year Pro Forma: NOI $101,149.22 | Cap 7.21 %

• Gross Rent Multiplier (Current): 11.57 ×

• Low operating expenses (≈ $28.6K) maximize net returns

• All units benefit from annual RGB rent guideline increases

• Opportunity for incremental NOI growth via renewals and vacancy improvements

• Strong Bushwick location near Irving Ave & Knickerbocker Ave retail corridors

• 4,125 SF pre-war structure on quiet residential block — well maintained and professionally managed

• Ideal for long-term investors seeking steady returns and asset appreciation