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Executive Summary

989 Halsey Street presents a fully gut-renovated, mixed-use opportunity in the heart of Bushwick, offering a turnkey asset with immediate income and long-term upside in one of Brooklyn’s most rapidly evolving rental markets.
Configured as a two-family residence with a ground-floor commercial component, the property has been thoughtfully designed with clean, contemporary finishes and highly efficient layouts throughout—delivering minimal near-term capital expenditure and strong operational stability.
The commercial space is currently built as a professional office, featuring a prominent entrance with reception area, conference room, three private offices, an executive office, two bathrooms, and direct access to a private backyard. The layout supports a range of office or service-based uses, enhancing tenant flexibility and long-term leasing potential.
Above, the residential component includes two expansive floor-through apartments. The parlor level offers a well-proportioned three-bedroom, two-bathroom residence with direct access to the garden, while the upper level features a four-bedroom, two-bathroom layout designed to maximize rental income and tenant appeal.
Positioned in prime Bushwick, the property benefits from sustained rental demand driven by the neighborhood’s continued growth and cultural relevance. Surrounded by acclaimed dining, cafés, and creative venues, and supported by strong transit connectivity to Manhattan and throughout Brooklyn, 989 Halsey Street is ideally situated for both stability and appreciation.
A rare opportunity to acquire a fully stabilized, design-forward asset in a high-demand location.
Set up available upon request.

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $2,095,000
Price Per Unit $698,333
Sale Type Investment
Cap Rate 7.08%
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.05 AC
Building Size 3,300 SF
No. Stories 3
Year Built 1915
Opportunity Zone Yes
Zoning R6

Amenities

Unit Amenities

  • Dishwasher
  • Washer/Dryer
  • Hardwood Floors

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Smoke Free

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
7+4.5 3 - -
Exceptionally walkable
100/100
Somewhat drivable
20/100
Exceptional public transit
100/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
03401-0054
Land Assessment
$8,460
Improvements Assessment
$56,040
Total Assessment
$64,500
  • Listing ID: 40093310

  • Date on Market: 4/9/2026

  • Last Updated:

  • Address: 989 Halsey St, Brooklyn, NY 11207

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