Skip main navigation
In contract
  • $1,999,999

    108 Troutman St, Brooklyn, NY 11206

    --beds
    --sqft
    Loading
    Multi Family
    Built in 1931
    -- sqft lot
    $1,848,900 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Ground-floor commercial unitClean basementFull-floor residential unitsThree-story brick walk-upGas-fired boilerMechanicals in place
    108 Troutman Street – Prime Mixed-Use Opportunity in Bushwick Asking Price: $1,999,999 | Projected Cap Rate: 6.93% | Delivered Vacant Welcome to 108 Troutman Street, a rare opportunity to acquire a fully vacant, mixed-use building in the heart of Bushwick, one of Brooklyn’s most vibrant and fastest-growing neighborhoods. This three-story brick walk-up with basement spans approximately 4,695 SF on a 3,894 SF R6-zoned lot, offering exceptional flexibility and income potential. The building features: • One ground-floor unit (approx. 1,380 SF), currently occupied by a house of worship • Four full-floor residential units (approx. 830 SF each), delivered vacant • Clean basement with mechanicals in place, including a gas-fired boiler • no leases – a clean slate for repositioning With a projected rent roll of $192,300 and estimated expenses of $53,644, this property is expected to generate a net operating income of $138,656, yielding a projected cap rate of 6.93%. Located just minutes from the J/M/Z trains, 108 Troutman is surrounded by cafés, galleries, creative workspaces, and neighborhood favorites like Roberta’s and Maria Hernandez Park. Whether you’re an investor seeking cash flow or a developer exploring value-add strategies, this property offers the scale and freedom to execute your vision. Disclaimer: All information, including but not limited to square footage, zoning, rent roll projections, and stabilization status is not guaranteed. Buyers are advised to conduct their own due diligence and consult with their attorney, architect, and other appropriate professionals to independently verify all details.
    466 days
    |
    42
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Brooklyn Consulate LLC 646-706-9305,

    Mark Mallek

    Source: StreetEasy,MLS#: S1764783

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 1
      • Full bathrooms: 1
      Interior area
      • Total structure area: 0

      Property

      Details
      • Parcel number: 031840016
      • Special conditions: Resale

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 1931

      Community & HOA

      Community
      • Subdivision: Bushwick
      Location
      • Region: Brooklyn

      Financial & listing details

      • Tax assessed value: $1,336,000
      • Annual tax amount: $10,116
      • Date on market: 4/10/2025

        Estimated market value

        $1,848,900

        $1.53M - $2.18M

        $4,926/mo

        Price history

        DateEventPrice
        2/26/2026Sold$1,756,500-12.2%
        Source: Public Record Report a problem
        9/14/2025Listing removed$1,999,999
        Source: StreetEasy #S1764783 Report a problem
        4/11/2025Listed for sale$1,999,999
        Source: StreetEasy #S1764783 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$10,066 +7.5%$601,200 +20%
        2024$9,368 $501,120 +20%
        2023-- $417,600 +20.1%
        2022-- $347,850 +25.1%
        2021-- $278,100 -8.7%
        2020$7,764 +8%$304,650 -5.4%
        2019$7,189 $322,200 +480.3%
        2018-- $55,520 +8%
        2017$6,539 -1.3%$51,409
        2016$6,623 $51,409 +7.4%
        2015$6,623 +66.2%$47,883 +8%
        2014$3,984 $44,337 +3.8%
        2013-- $42,708 +8%
        2012-- $39,546
        2011-- $39,546 +7.4%
        2010-- $36,834 +8%
        2009-- $34,106 +3.8%
        2008-- $32,853 +8%
        2007-- $30,420
        2006-- $30,420 +7.4%
        2005-- $28,334 +8%
        2004-- $26,236 +3.8%
        2003-- $25,272 +8%
        2002-- $23,400
        2001-- $23,400 +7.4%
        2000-- $21,796
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Bushwick

        Getting around

        95 / 100
        Walker's Paradise
        91 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes