Listed by Douglas Elliman Commercial Division
$4,700,000
137 Wyckoff Avenue
Details
Property Type Multifamily
Sub Type Apartment Building, High-Rise
Square Footage 7,500
Units 8
Occupancy 100%
Class B
Year Built 1931
Lot Size (SqFt) 2,527
Zoning R6
Mixed use Investor Opportunity in Bushwick with National Franchise Tenant
Marketing description
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.
Investment highlights
- 7,500 SF building
- Zoned R6
- Bustling Neighborhood
- Good investment Opportunity
- 100% occupancy
Listing Contacts
Listed by Douglas Elliman Commercial Division
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