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.
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.
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