98-100 Bushwick Ave 12 Unit Apartment Building $7,200,000 ($600,000/Unit) 4.44% Cap Rate Brooklyn, NY 11206

98-102 Bushwick Avenue is a corner mixed-use investment and development opportunity in prime Williamsburg, Brooklyn, featuring eight residential units, multiple retail storefronts, and approximately 11,312 buildable square feet under existing C4-4A/R7A-equivalent zoning. The property generates current NOI of approximately $319,581 with significant upside through rent growth, commercial repositioning, and the utilization of approximately 4,016 square feet of remaining development rights. Located steps from the Grand Street L train station and within MIH, FRESH, and Transit Zones, the asset offers investors and developers a rare combination of stable cash flow, value-add potential, and long-term redevelopment upside.