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$2,795,000
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

$1,998,000
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)

$2,350,000
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

$2,150,000
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

$2,250,000
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

$1,345,000
11834556 MLS
"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

$220,000
11801130 MLS
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

$500,000
11775161 MLS
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

$2,099,000
9 Beds 4 Baths 11672778 MLS
1250 Jefferson Avenue is a fully renovated three-family townhouse in the heart of Bushwick, offering a rare opportunity to own a turnkey, income-producing asset in one of Brooklyn?s most active rental markets.The property is configured as three well-designed apartments, each renovated with modern finishes and built for comfortable long-term living. Every unit features a contemporary kitchen with stainless steel appliances and a dishwasher, in-unit washer and dryer, and central air conditioning. Each apartment is also separately metered, allowing tenants to pay their own utilities and helping keep operating expenses low for the owner?an important advantage for investors.The unit mix is ideal for strong rental demand.The first-floor apartment is a two-bedroom, 1.5-bathroom duplex residence with direct access to a private backyard, offering valuable outdoor space that tenants consistently seek.The second-floor unit is a spacious three-bedroom layout with a private deck and private backyard, offering additional outdoor living space and excellent rental appeal.The top floor features a large four-bedroom apartment, maximizing bedroom count and rental income potential.The property also includes a finished cellar level, adding useful additional space for storage, recreation, or other flexible uses.With three sizable apartments, modern systems, and individually metered utilities, the building is well positioned as a low-maintenance, high-income investment property. The layout also offers flexibility for an owner-occupant who may wish to live in one unit while collecting rental income from the others.Located in Bushwick, the property sits among a vibrant mix of restaurants, caf s, and nightlife, with convenient access to nearby subway lines that provide easy connections throughout Brooklyn and into Manhattan.1250 Jefferson Avenue presents a compelling opportunity to acquire a renovated multi-family building with strong rental potential in a rapidly evolving Brooklyn neighborhood.*Interior square footage includes the cellar level.

1250 Jefferson Avenue, Brooklyn

$899,975
6 Baths 11665105 MLS
JUST LISTED! 6-UNIT MULTI-FAMILY BUILDING | 12 BEDROOMS, 6 BATHROOMS IN BUSHWICK, BROOKLYN 11237! Unlock a fantastic investment opportunity in the heart of Bushwick! This 3-story, 6-unit multi-family building offers incredible potential for stable rental income in one of Brooklyn's most vibrant and in-demand neighborhoods. The property features six identical, spacious 2-bedroom, 1-bathroom units, presenting a turnkey asset for any investor. Each apartment boasts a functional layout with HIGH CEILINGS and large windows that provide abundant NATURAL LIGHT. The building includes a full BASEMENT for additional STORAGE and offers the management convenience of SEPARATE UTILITIES for each unit. This prime BUSHWICK location ensures strong tenant demand, with immediate access to the L AND M SUBWAY LINES for a fast commute to Manhattan. The area is a cultural hotspot, surrounded by trendy CAFES, world-famous RESTAURANTS like Roberta's, vintage SHOPPING, and a thriving arts scene. With easy access to WILLIAMSBURG and RIDGEWOOD, this property is perfectly positioned for long-term growth. Schedule your private tour today-this prime BUSHWICK MULTI-FAMILY investment won't last long!

1434 Greene Ave, New York