Wonderful investment opportunity in the red hot area known as Bushwick. This property has been in the same family for many generations and it is a chance to obtain a 5 family of residential apartments and a commercial store. Bushwick has amazing access into Manhattan and there are a variety of new cafe's, restaurants, and specialty stores coming to Wyckoff Avenue. The apartments are oversized two bedroom units and two are currently vacant. The three remaining residential units have good paying tenants in place. The commercial store serves the community and has been open throughout the pandemic. Updated electrical panels, multiple gas meters and gas boiler are in place in the full unfinished basement. The projected rent roll is fantastic and the sky is the limit with this area. We are zoned R6 and other buildings in the area have added additional square footage and the FAR allows additional 2790 sq. feet. Please check the block and lot and architect for additional information. We are located a short two minute walk to the Myrtle -Wyckoff Avenue (L,M) train stations. This property is considered a trophy piece to one's real estate collection!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
