6 Unit Multifamily Building - 5 Free Market Units, 1 Rent Stabilized, Fully Renovated, Tax Class 2A

For Sale

393 Bleecker Street, Brooklyn, NY 11237

This Brooklyn property for sale is located at 393 Bleecker Street. Contact the listing broker for details on the current sale price for 6 Unit Multifamily Building - 5 Free Market Units, 1 Rent Stabilized, Fully Renovated, Tax Class 2A. 6 Unit Multifamily Building - 5 Free Market Units, 1 Rent Stabilized, Fully Renovated, Tax Class 2A is situated on a lot that is 0.06 acre in size.

Contacts

broker

Shlomi Bagdadi

Tri State Commercial® Realty Services

Property Details

  • Property Type Multi-Family
  • Property Size 5,400 SF
  • Units 6
  • Lot Size 0.06 Acre
  • Additional Rent Contact for pricing
  • Date Updated Sep 26, 2024
Located in the Bushwick neighborhood of Brooklyn between Wyckofff Ave & St Nicholas Ave. Bushwick is one of the fastest growing neighborhoods in New York City. It’s a quickly evolving industrial area characterized by colorful street art and converted warehouses that house artist studios, coffee shops, and thrift stores. There are restaurants from all over the world, and a funky nightlife scene that thrives in its bars and clubs. With easy access to public transportation and proximity to other popular Brooklyn neighborhoods. Nearest Transit: L & M trains at Myrtle - Wyckoff Ave and the B13, B52, B54, B38, & Q55 bus lines. Nearby tenants include Dunkin', McDonald's, Burger King, FOOD BAZAAR, Mattress Firm, White Castle, Taco Bell, Cinnabon, Planet Fitness, Popeyes Louisiana Kitchen, Walgreens Pharmacy, Blink Fitness Bushwick, Capital One Bank, CVS, and more!Introducing a prime investment opportunity in the heart of Brooklyn, 393 Bleecker Street offers a fully renovated, turn-key 5,400 SF, 6-unit multifamily building in a sought-after R6 zoning. With 5 free market units and 1 rent stabilized unit, this tax class 2A property boasts a 100% occupancy rate, delivering immediate and consistent returns. Currently operating at an impressive 6.27% CAP, this well-maintained asset promises a seamless transition for the savvy high-rise investor looking to add a top-performing property to their portfolio.

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Highlights

  • Turn-key
  • Fully renovated
  • Tax class 2A
  • 6 unit multifamily building
  • 5 free market units
  • 1 rent stabilized
  • Current CAP: 6.4%
  • Occupancy Rate: 100%

Attachments

Getting around

  • 92/100

    Walk Score ®

  • 99/100

    Transit Score ®

  • 85/100

    Bike Score ®

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Location

  • City Brooklyn, NY
  • Neighborhood Bushwick
  • Zip Code 11237
  • Market Brooklyn

Points of Interest

  • Stanhope St & Wycoff Ave - NE Corner

    0.19 miles

  • Stanhope St & Wycoff Ave - SE Corner

    0.19 miles

  • Stanhope St & Wycoff Ave - NW Corner

    0.20 miles

  • Stanhope St & Wycoff Ave - SW Corner

    0.20 miles

  • Myrtle–Wyckoff Avenues

    0.24 miles

  • Dekalb Ave & Wycoff Ave - NE Corner

    0.28 miles

  • Dekalb Ave & Wycoff Ave - SE Corner

    0.29 miles

  • Dekalb Ave & Wycoff Ave - NW Corner

    0.29 miles

  • Dekalb Ave & Wycoff Ave - SW Corner

    0.30 miles

  • Knickerbocker Avenue

    0.35 miles

  • BP

    0.21 miles

  • Sunoco

    0.71 miles

  • Shell

    0.86 miles

  • Exxon

    1.03 miles

  • Citgo

    1.07 miles

  • Pure Energy

    1.07 miles

  • Hess

    1.08 miles

  • American Gas

    1.12 miles

  • Revel

    1.87 miles

  • Tesla Supercharger

    2.50 miles

  • MMP Parking LLC

    0.28 miles

  • Stop & Shop Parking

    1.22 miles

  • Havens Place Lot

    1.87 miles

  • Connoly's Parking Lot

    2.14 miles

  • School bus parking

    2.18 miles

  • Private Parking Lot

    2.61 miles

  • FDNY Fleet Services

    2.70 miles

  • Cielo Garage

    3.03 miles

  • MTP Park

    3.03 miles

  • Central Parking System of New York, Inc.

    3.07 miles

  • Red Carpet Inn

    0.68 miles

  • Hotel Bogart Street, Brooklyn

    0.98 miles

  • Holiday Inn Express

    0.99 miles

  • Artel 535

    1.00 miles

  • New York Loft Hostel

    1.03 miles

  • Marina Hotel

    1.04 miles

  • casa reservada para vacaciones

    1.07 miles

  • New York Moore Hostel

    1.23 miles

  • hull

    1.60 miles

  • Comfort Inn

    1.90 miles

  • La Plasita Ecuatariana

    0.09 miles

  • Armandos Grocery & Bakery

    0.20 miles

  • Food Bazaar Supermarket

    0.23 miles

  • Sea Town

    0.24 miles

  • Morelos Grocery

    0.24 miles

  • Food Story II

    0.26 miles

  • ABC Super Stores

    0.29 miles

  • Extreme Department Store

    0.29 miles

  • Liberty Department Stores

    0.33 miles

  • Key Food

    0.35 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Shlomi Bagdadi

Tri State Commercial® Realty Services