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296 Suydam St, Bushwick, NY 11237 296 Suydam St 6 Unit Apartment Building $1,298,000 ($216,333/Unit) Brooklyn, NY 11237

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Executive Summary

Prime Investment Opportunity in Bushwick, NY Discover the potential of 296 Suydam Street, where opportunity meets prime location in the heart of Bushwick, NY. This expansive 7,000 SF property offers a rare chance to own a six-apartment building, including two vacant first-floor units with a basement and backyard, providing endless possibilities for investors and end-users alike. Situated directly opposite Maria Hernandez Park, offering serene park views and an active community atmosphere. Offered at 214 per SF, making it a highly attractive opportunity in the booming Bushwick market. The vacant first-floor units provide a blank canvas for customization, while the existing apartments generate consistent rental revenue. Take advantage of Bushwick’s strong rental market with immediate leasing opportunities or reposition for higher returns. Optimize the R6 zoning and Unused FAR to enhance the property's value with additional buildable space. Close to multiple subway lines and bus routes, offering seamless access to Manhattan and surrounding boroughs. This is a rare opportunity to secure a high-demand property in one of Brooklyn’s most dynamic neighborhoods. Don’t miss out. Unlock the full potential of 296 Suydam Street

Property Facts

Price $1,298,000
Price Per Unit $216,333
Sale Type Investment
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.06 AC
Building Size 5,250 SF
Average Occupancy 67%
No. Stories 3
Year Built 1931
Opportunity Zone Yes
Zoning R6 - Medium density residential district
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (99)
Bike Score®
Biker's Paradise (96)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
03220-0020
Land Assessment
$5,850
Improvements Assessment
$551,700
Total Assessment
$557,550
  • Listing ID: 35238815

  • Date on Market: 3/24/2025

  • Last Updated:

  • Address: 296 Suydam St, Brooklyn, NY 11237

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