Listed by Keller Williams Landmark II
$999,999
236 Suydam Street
Details
APN 03219-0020
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 6
Cap Rate 6.00%
NOI $64,543
Year Built 1931
Acreage 0.057
Zoning R6
Multifamily | 6.00% CAP | 6 Units
Marketing description
236 Suydam Street presents an opportunity to acquire a 6-unit rent stabilized multifamily asset in the heart of Bushwick, Brooklyn, offered below the $1 million threshold.
Owned by the same family since 1997, the property has been carefully maintained and features a stable long-term tenant base, providing consistent income and operational stability for investors seeking a long-term Brooklyn hold.
Positioned in one of Brooklyn’s most established and continuously evolving neighborhoods, the asset benefits from excellent transportation access, vibrant local amenities, and sustained demand for rental housing.
An ideal opportunity for experienced investors, value-add operators, or 1031 exchange buyers seeking stable cash flow, predictable occupancy, and long-term appreciation potential within the Brooklyn multifamily market.
Current gross annual income of $99,324 Additional financial information available upon request.
Listing Contacts
Listed by Keller Williams Landmark II
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$64,543.00
$5,378.58/mo
Valuation Metrics
0
DSCR
6.45%
Cap Rate
6.45%
ROI
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