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137 Wyckoff Ave
Brooklyn, NY 11237
Multifamily Property For Sale
·
7 Units
Executive Summary
137 Wyckoff Avenue is a mixed-use investment property located in the heart of Bushwick. The building consists of seven residential units above one ground-floor retail space. The residential component includes three rent-stabilized units and four free-market units. Current rents are below market, presenting a clear value-add opportunity through future rent growth and improved management. The retail space is occupied by Dunkin' under a long-term lease, providing stable and reliable income. The property offers investors a balanced income stream with a strong commercial tenant and meaningful upside potential in one of Brooklyn’s fastest-growing neighborhoods.
Property Facts
| Price Per Unit | $671,429 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.07 AC |
| No. Units | 7 | Building Size | 7,500 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1931 |
| Apartment Style | Mid-Rise | ||
| Zoning | R6 - a medium-density residential zoning district in NYC, common in Brooklyn, Queens, and the Bronx, allowing a mix of building types, including 4- to 6-story apartment buildings, rowhouses, and "tower in the park" development | ||
| Price Per Unit | $671,429 |
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 7,500 SF |
| No. Stories | 4 |
| Year Built | 1931 |
| Zoning | R6 - a medium-density residential zoning district in NYC, common in Brooklyn, Queens, and the Bronx, allowing a mix of building types, including 4- to 6-story apartment buildings, rowhouses, and "tower in the park" development |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 7 | - | - |
Property Taxes
| Parcel Number | 03249-0001 | Improvements Assessment | $391,050 |
| Land Assessment | $9,000 | Total Assessment | $400,050 |
Property Taxes
Parcel Number
03249-0001
Land Assessment
$9,000
Improvements Assessment
$391,050
Total Assessment
$400,050
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