Bushwick Real Estate

Bushwick Real Estate

Welcome to Bushwick, a vibrant neighborhood nestled in the heart of Brooklyn, New York. Known for its eclectic mix of art, culture, and community spirit, Bushwick is a place where creativity flourishes and diversity thrives. Once an industrial hub, this neighborhood has transformed into a dynamic enclave that attracts artists, young professionals, and families alike.

Bushwick is renowned for its stunning street art, with colorful murals adorning the walls of buildings, creating an open-air gallery that tells the story of the community. The Bushwick Collective, an outdoor street art exhibit, showcases the work of both local and international artists, making every stroll through the neighborhood a visual delight.

In addition to its artistic flair, Bushwick offers a rich culinary scene that reflects its diverse population. From trendy cafes to authentic eateries, food lovers can indulge in a variety of cuisines, ranging from traditional Puerto Rican dishes to contemporary vegan fare. The neighborhood is also home to a burgeoning nightlife, with an array of bars, music venues, and clubs that cater to every taste.

Bushwick’s community spirit is palpable, with local events and markets fostering connections among residents. Parks like Maria Hernandez Park provide green spaces for relaxation and recreation, making it an ideal spot for families and dog owners.

With convenient access to public transportation, including the L and M subway lines, commuting to Manhattan and other parts of Brooklyn is a breeze. Whether you’re an artist seeking inspiration, a foodie on the hunt for new flavors, or a family looking for a welcoming community, Bushwick offers an exceptional living experience that is both vibrant and inviting. Come and discover the charm of this unique Brooklyn neighborhood!

Newest Listings in Bushwick

8 Beds ⋅ 5.5 Baths ⋅ 11929285 MLS

1188 Gates Avenue presents a mixed-use investment opportunity in Bushwick, Brooklyn, featuring 4 spacious free-market two-bedroom apartments and 2 ground-floor retail storefronts. The three-story property contains approximately 4,450 SF of gross building area per public record on an approximately 2,570 SF lot. Built in 1931, the property offers an existing income-producing configuration together with multiple opportunities for future repositioning and income growth. PROPERTY HIGHLIGHTS: • 4 free-market residential apartments • Each residential apartment configured as a true 2-bedroom • 2 ground-floor retail/storefront spaces • Approximately 650 SF per storefront • Approximately 4,450 SF gross building area per public record • Approximately 2,570 SF lot • 3-story low-rise brick/masonry building • Existing unfinished basement with exterior access • Residential and commercial income streams • Value-add mixed-use investment opportunity • Bushwick, Brooklyn location • Potential 1031 exchange replacement property Seller currently controls one residential apartment and one commercial storefront, providing flexibility for vacant delivery or leasing prior to closing, subject to contract terms and buyer/seller agreement. Seller's intended as-delivered underwriting assumes the owner-controlled residential apartment at $3,800/month and owner-controlled commercial storefront at $4,000/month. Based on the intended as-delivered rent structure, projected annual gross income is approximately $213,000 with estimated NOI of approximately $177,584, representing an approximately 6.35% capitalization rate at the $2,795,000 asking price. VALUE-ADD / PRO FORMA POTENTIAL: A stabilized boutique scenario assumes $3,800/month for each of the four residential apartments and $4,000/month for each of the two commercial storefronts. This produces approximately $278,400 in annual gross income and approximately $220,712 in projected NOI after an 8% reserve assumption, or approximately a 7.90% pro forma capitalization rate at the asking price. Potential future improvements may include enhanced storefront and exterior presentation, a landscaped shared rear courtyard, basement laundry and recreation amenities, and continued residential and commercial leasing optimization. The basement is CURRENTLY UNFINISHED. Any photographs, renderings or descriptions depicting a finished basement, laundry/recreation area, landscaped courtyard, upgraded facade or other future improvements are illustrative concepts only and do not represent existing improvements. Existing tenant arrangements, rents, expenses, utility responsibilities and delivery conditions are subject to purchaser verification. Residential tenants currently pay apartment electric and cooking gas; owner currently pays heat and hot water. Potentially suitable as replacement real property for a Section 1031 exchange, depending upon the purchaser's individual circumstances, intended use and compliance with applicable tax requirements. Purchasers should consult their own tax and legal advisers. All square footage, rents, income, expenses, NOI, cap rates, tenancy, property condition, legal use, zoning, permits, improvement concepts and projections are approximate or based on seller information and underwriting assumptions and must be independently verified by purchaser. No representation or guarantee is made regarding future rents, income, approvals, improvements or investment performance.

1188 Gates Avenue, Brooklyn, Ny

2 Beds ⋅ 1 Baths ⋅ 11918483 MLS

75 Woodbine St Unit #1B, Brooklyn

9 Beds ⋅ 6.5 Baths ⋅ 11912885 MLS

Exceptional investment opportunity in the heart of Bushwick/East Williamsburg! Built in 2005, this solid brick 3-family home offers approximately 5,100 sq. ft. of interior living space on a 25' x 100' lot with R6 zoning. The building measures 25' x 51' and features three spacious apartments, each offering 3 bedrooms, 2 full bathrooms, a large living room, high ceiling basement, and abundant natural light. In total, the property offers 15 rooms, 9 bedrooms, and 6 full bathrooms. The fully finished basement provides additional versatile space with direct access to a beautifully landscaped private backyard, perfect gardening for outdoor entertaining, or relaxation. Conveniently located just moments from the renowned Maria Hernandez Park and surrounded by Bushwick's vibrant restaurants, cafés, art galleries, shopping, and public transportation. This is an outstanding opportunity for investors or owner-occupants seeking a modern, income-producing multifamily property in one of Brooklyn's most desirable and rapidly growing neighborhoods.

1140 Willoughby Avenue, Bushwick (East Williamsburg)

Auto Shop and Building for Sale. Zoned R-6. Perfect for Builder or Developer, Cash Offers Only. Drive-by Inspections Only. Do Not Disturb Occupants.

372 Wilson Ave, Brooklyn

9 Beds ⋅ 7 Baths ⋅ 11912861 MLS

Free-market three-family investment property Built in 1915 and subsequently gut renovated Three spacious 3-bedroom apartments First-floor duplex features three bathrooms Second- and third-floor apartments each feature two bathrooms First-floor duplex delivered vacant with an exclusive private backyard-an exceptional owner-user opportunity High ceilings throughout Washer and dryer in every apartment Approximately 3,000 SF building on a 20' x 100' lot Full basement Expansive private backyard Original decorative fireplace Located within a designated Opportunity Zone Strong in-place cash flow with additional rental upside Actual Gross Income: $137,820 R6 zoning with approximately 1,400 SF of additional buildable area Potential Gross Income: $152,808.00 Actual NOI: $125,882.00 Potential NOI: $140,870.05 Low annual property taxes of approximately $3,431.92 Prime Bushwick location near the L train, shopping, dining, and neighborhood amenities Owner-User Opportunity: Based on a 6.25% mortgage rate, approximately $7,435/month in rental income helps offset your monthly mortgage payment.

1057 Jefferson Avenue, Brooklyn

4 Baths ⋅ 11912824 MLS

Built in 2003 Free-market three-family investment property Semi-detached brick building Ground-floor (4-bedroom, 2-bathroom) delivered vacant with an approximately 700 SF private backyard - exceptional owner-user opportunity Two occupied 3-bedroom apartments, upgraded with renovated kitchens, modern bathrooms, and new flooring Approx. 2,799 SF building on a 25' x 62.67' lot Full basement R6 zoning with approximately 642 SF of additional buildable area Upgraded common side yard Side yard offers potential to construct two additional units (subject to zoning and approvals) or create parking for two vehicles, with estimated additional income potential of approximately $1,000 per month ($12,000 annually) with a $0 investment. Strong in-place cash flow with significant rental upside Actual Gross Income: $129,420 | Potential Gross Income: $142,680 Actual NOI: $113,012 | Potential NOI: $140,636.05 Low annual property taxes of approximately $8,451 Just a 2-minute walk to the L train and 3 minutes from the J & Z Prime Bushwick location near many neighborhood amenities Modern construction with lower anticipated capital expenditures than comparable older multifamily buildings Owner-User Opportunity: Based on a 6.25% mortgage rate, approximately $6,990/month in rental income helps offset your monthly mortgage payment.

177 Moffat, Brooklyn

50' x 100' Lot For Sale or Rent in Bushwick, Brooklyn. Ideal for storage of cars, vans, trucks, container storage, or commercial equipment. 2 minute walk from the L train at the Morgan Avenue Subway Station. Minutes from Brooklyn-Queens Expressway, Long Island Expressway, and the Williamsburg Bridge.

22 Grattan Street, Brooklyn

8 Beds ⋅ 4.5 Baths ⋅ 11883485 MLS

Mixed-use investment property in the heart of Bushwick 100% occupied with immediate cash flow Four renovated free-market apartments above an established bar/lounge Stable ground-floor commercial tenant with a long-term lease Approx. 4,359 SF building on a 29-foot-wide lot Second-Floor access to an unused Balcony with outdoor space potential Strong in-place income with significant upside potential 7.85% in-place cap rate 9.33% potential cap rate Net Operating Income: $177,786 annually Protected Tax Class 2A with low annual real estate taxes Block-through property with separate rear street access to the residential units Separate residential entrance for enhanced privacy R6 / C2-3 zoning offering long-term flexibility Located in one of Brooklyn's strongest rental and retail corridors Steps from the Central Avenue M train and a short walk to the Myrtle Avenue J/M/Z station Surrounded by restaurants, cafés, nightlife, and neighborhood retail Ideal opportunity for investors seeking stable cash flow with long-term appreciation potential

1260 Myrtle Avenue, Brooklyn

9 Beds ⋅ 3 Baths ⋅ 11791942 MLS

Subject to third-party approval. Short sale. Drive-by only. The property is occupied by tenants. Please don't disturb the tenants

1198 Decatur, Brooklyn

"PRESENT YOUR HIGHEST BEST OFFER" SOLD AS IS AND DELIVERED VACANT: 3-Story 2-Family Located on a Beautiful Tree Lined Block, Near Bars, Cafe's, Lounges, Restaurants, Supermarkets, 3RD(Top) Floor: 2Br/1-Bath, Kitchen, Living Room, Dining Room And Entertainment. 2ND(Parlor)Floor: 2Br/1-Bath, Kitchen, Living Room, 1ST(Garden) Floor: 1Br Eat In Kitchen, Dining Room, Transportation: B20, Q24 Bus, And A/C/J/L/Z Trains. Year Built: 1910 Block & Lot: 03466-0053 Building Class 2-Family Building Dimensions: 20 X 50 Interior Square Feet: 3,000 Lot Dimensions: 20 X 100 Lot Square Feet: 2,000 Residential FAR: 2.43 Facility FAR: 4.8 FAR as Built: 1.5 Usable Floor Area as Built: 1,860 Maximum Usable Floor Area: 4,860 Unused FAR 3,000 Construction Type: BRICK Zoning Districts: R6 Zoning Map: 17C Tax Class: 1 Annual R.E. Taxes: $ 3,327.00

21 ABERDEEN STREET, Brooklyn

Own El Burro Mexican Grill - Turnkey Business Opportunity in Bushwick! Step into a thriving business located at 324 Suydam St, right next to the lively Maria Hernandez Park in Bushwick. This prime corner property features unbeatable foot and vehicle traffic, with a school nearby and the bustling Knickerbocker Avenue commercial hub just steps away. The location alone promises exceptional visibility and customer flow every day! This fully operational restaurant offers a spacious seating area with 7 tables, two restrooms, and a fully equipped kitchen capable of catering to any menu. All equipment is recently purchased and includes grills, fryers, a commercial-grade freezer, and a food-compliant industrial hood system. The full basement provides ample storage. With its dynamic location, modern facilities, and excellent price, this is the ultimate opportunity to step into a ready-to-go restaurant business in a growing neighborhood. Whether you're an established restaurateur or a first-time entrepreneur, El Burro Mexican Grill offers endless possibilities and high growth potential. Don't miss out on this fantastic investment! This is more than just a restaurant; it's an opportunity to plant your entrepreneurial roots in a thriving community while owning a business designed for profitability and growth. Act now - success is waiting for you at 324 Suydam St in Bushwick!

324 Suydam Street, Bushwick

Great opportunity to own a turn key restaurant and bar on the most well traveled street in Bushwick. Pitanga is located in an area with heavy foot traffic just within a block of the Jefferson L train making it a desirable and convenient destination. The current business is a staple in the Brooklyn breakfast and dinner scene. Trendy operation featuring vegetarian/vegan acai bowls, wraps, Brazilian breakfasts & coffee as well as happy hour food, great cocktails, and vegan bites. With rent at $7,200 a month and a huge basement coming in at a total of almost 6,000 sqft this is a deal not to be passed up. All the equipment is in great condition and bar holds full liquor license. Act fast to start up your next restaurant and bar with the turn of a key!

207 Starr Street, Brooklyn

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