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- LoopNet Team
1470 Broadway
Brooklyn, NY 11221
Four Family Mixed-Use in Bushwick · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Heavy foot and motor traffic
- Central AC and heat systems in all apartments
- Near subway and buses and shopping and restaurants
PROPERTY FACTS
AMENITIES
- Bus Line
- Commuter Rail
- Metro/Subway
- Tenant Controlled HVAC
- Air Conditioning
ABOUT 1470 BROADWAY , BROOKLYN, NY 11221
We are pleased to offer for sale a mixed-use building in the Bushwick section of Brooklyn. The property features a commercial ground floor space and four residential units on the second and third floors. The commercial space is leased to a very successful vegan food vendor for another eight years. The residential units are free market rentals with no current leases. All apartments are free market with NO rent stabilization or controls in place. The property is located on busy Broadway with heavy foot, automobile, and commuter traffic. It is located two blocks from J and Z subway station on Gates Ave. and a block from J subway stop at Halsey St. This is prime Bushwick neighborhood with very high rental potential. Ground floor commercial unit is extended to 80’ depth, making it 1,600 square feet. Second and third floors are 20’ by 55’. All four residential units were recently installed with separate split electric heat pumps which double as zoned air conditioning units during summer. All units are separately metered for both electric and gas. The property is zoned R6 with a C2-4 overlap, with a built FAR of 1.94 extendible to 2.43 for residential and 4.8 for facilities
PROPERTY TAXES
| Parcel Number | 01486-0032 | Improvements Assessment | $306,900 |
| Land Assessment | $63,900 | Total Assessment | $370,800 |
PROPERTY TAXES
