$1,498,000

296 Suydam Street, Brooklyn, NY 11237

  • 5,250 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1931
  • Property Lot Size Icon2,500sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $285/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Prime Investment Opportunity in Bushwick, NY Discover 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

Listing Status:
Active
Listing Office:
Prime America Real Estate Inc : info@primeamericany.com
MLS ID:
834217
  • Basement: Full
  • A/C: Wall/Window Unit(s)
  • Heating: Hot Water

This listing courtesy of Prime America Real Estate Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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