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422 Bleecker St
Brooklyn, NY 11237
422 BLEECKER ST · Multifamily Property For Sale · 6 Units

INVESTMENT HIGHLIGHTS

  • Located on an idyllic Street in Prime Bushwick, one block from Wyckoff Avenue.
  • Natural tenant turnover opens the opportunity for owner occupancy in the short term.
  • Dimensions of 27’ x 70’ with air shafts provide spacious and bright layouts.
  • The building is fully rent-stabilized and is currently fully occupied with 100% collections.
  • Legal rents are 10% above preferential rents, offering the ability to increase returns.
  • Well maintained, with little to no need for short-term capital improvements.

PROPERTY FACTS

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.06 AC
Building Size 4,778 SF
No. Stories 3
Year Built 1931
Zoning R6 - a medium-density residential zoning district for multiple-family dwellings

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+1 6 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03312-0016
Land Assessment
$8,100
Improvements Assessment
$594,000
Total Assessment
$602,100
  • Listing ID: 33540469

  • Date on Market: 10/16/2024

  • Last Updated:

  • Address: 422 Bleecker St, Brooklyn, NY 11237

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