334 Bleecker St.

Description

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334 Bleecker Street Brooklyn NY 11237 is a 4,875sf six-family building based in Bushwick. With one unit to be delivered vacant it represents an opportunity for a long-term investor to reap consistent cash flow with future upside as Tenants vacate and apartments are modernized. All in the heart of Bushwick with close proximity to the Dekalb L and Myrtle-Wyckoff L/M lines.

334 Bleecker is a handsome pre-war building that has been well taken care of by the owner on-site. It has benefitted from newly installed windows and an updated boiler in the past six months. Five rent-stabilized residential tenants are in place with the owner’s unit to become vacant at closing. 1,200sf of air rights are available. A basement is available for storage along with a beautifully maintained garden in the backyard. On the rooftop are clear views of the Manhattan skyline.

The Capital of Cool, Bushwick has experienced a surge in popularity in the past decade as residents from Manhattan and neighboring Williamsburg have migrated eastward in search of more affordable rents. New bars and restaurants along with a beer garden have opened nearby.

Taxes are $599 per month. Please contact for full setup with proforma.