16
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$1,498,000
Est. payment /mo
2,500 Sqft Lot
Active
296 Suydam ST Brooklyn, NY 11237
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEY834217
Originating Board onekey2
Rental Info No
Year Built 1931
Annual Tax Amount $11,843
Lot Size 2,500 Sqft
Acres 0.0574
Property Sub-Type Multi Family
Property Description
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
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
Location
State NY
County Kings (brooklyn)
Rooms
Basement Full
Interior
Heating Hot Water
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Utilities Available See Remarks
Building
Story 3
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Ps 376
Middle Schools All City Leadership Secondary Sch
High Schools Academy Of Urban Planning-Engineerin
School District Brooklyn 32
Others
Special Listing Condition None
Listed by Prime America Real Estate Inc