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195 Wyckoff Ave
Brooklyn, NY 11237
Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,275 SF
Building Class
C
Year Built
1931
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.64
Lot Size
0.06 AC
Zoning
R6 / C1-3 - Medium density residential district
Frontage
25’ on Wyckoff

Amenities

  • Metro/Subway
  • Restaurant

About 195 WYCKOFF AVE , BROOKLYN, NY 11237

Cushman & Wakefield has been retained on an exclusive basis to arrange the sale of 195 Wyckoff Avenue, a gut renovated mixed-use building in the North Bushwick neighborhood of Brooklyn. • Fully-leased mixed-use building on one of Bushwick’s most active retail corridor • The 1,254 SF ground floor retail space is newly-leased to a Caribbean restaurant and bar, Sally Roots, through January 2026. The space is generating roughly $76,600 gross annually • Floors 2 and 3 host four free-market apartments with 2BR / 2Ba layouts • The units are generating just under $112,000 gross annually or about $45/SF • The asset carries an additional 1,242 SF of development rights, offering an opportunity to reposition the asset in the future • Located less than two (2) blocks from the Dekalb Av L train station and seven (7) blocks from the combined Myrtle-Wyckoff Av M and L train station • Unparalleled location on Wyckoff Avenue surrounded by neighborhood favorite restaurants and bars including Ops, C M Coffee Shop, Talon, Starbucks, as well as a number of conveniently located banks and grocery stores

Property Taxes

Property Taxes

Parcel Number
03281-0002
Land Assessment
$102,150
Improvements Assessment
$221,850
Total Assessment
$324,000
  • Listing ID: 11758508

  • Date on Market: 2/28/2018

  • Last Updated:

  • Address: 195 Wyckoff Ave, Brooklyn, NY 11237

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