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Bushwick National Bank Building, circa 1923 1612-1616 Broadway 6,900 SF Vacant Retail Building Brooklyn, NY 11207 $2,500,000 ($362.32/SF)
Investment Highlights
- Two-story Corner Building built to capacity, High Visibility, Triple Signage Opportunity
- Stable, High-Demand Corridor, Hard Corner with 50 ft on Broadway and 93 ft on Thomas S. Boyland Street
- A-C-J-L-Z Subway Lines at Broadway Junction, in close proximity
- Former Bank Building with vault still in place: Bushwick National Bank, circa 1923
- Heavy Vehicular and Pedestrian Traffic
- Open Floor Plan on First and Second Floors
Executive Summary
Former Bushwick National Bank Building, currently used as a House of Worship is Available For Sale, after serving the community for over 37 years. Prime corner masonry-structure building having triple signage opportunity and high visibility. Stable, High-Demand Corridor, Hard Corner with 50 ft on Broadway and 93 ft on Thomas S. Boyland Street. Five Subway Line Transfers at Broadway Junction, in close proximity. Ideal opportunity for a House of Worship to purchase and maintain community legacy or for an investor to repurpose for commercial investment use. Property requires a full gut-renovation. Building sold as-is.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Building Size
6,900 SF
Building Class
C
Year Built
2026
Price
$2,500,000
Price Per SF
$362.32
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.02
Lot Size
0.08 AC
Opportunity Zone
Yes
Zoning
C8-2 - Heavy commercial district that permits warehouses, commercial storage, wholesale service establishments, and general retail.
Frontage
50’ on Broadway
Amenities
- Conferencing Facility
- Corner Lot
- Freeway Visibility
- Signage
- Signalized Intersection
- Wheelchair Accessible
Exceptionally walkable
100/100
Somewhat drivable
20/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 01499-0001 | Improvements Assessment | $110,700 |
| Land Assessment | $23,850 | Total Assessment | $134,550 |
Property Taxes
Parcel Number
01499-0001
Land Assessment
$23,850
Improvements Assessment
$110,700
Total Assessment
$134,550
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Contact the Sale Advisor
Bushwick National Bank Building, circa 1923 | 1612-1616 Broadway