• Owner-User Potential: The ground-floor commercial space (1,035) is on a M-T-M lease, offering an owner-user opportunity on one of the most foot traffic corners in Brooklyn.
• Fully Free Market Asset: All 9 residential units are free market, offering an investor full flexibility to set rents at market rate — an increasingly rare find in Bushwick.
• Corner Presence on Broadway: 861 Broadway commands a highly visible corner position on one of Bushwick’s most active commercial corridors, with strong foot traffic and exceptional retail exposure.
• Strong In-Place Income: The property generates $470,484 in gross annual income with an NOI of $355,226, providing immediate and stable cash flow from day one.
• Month-to-Month Commercial Tenant: The ground-floor retail space (1,035 SF) is currently leased at $7,132/month on a month-to-month basis, offering a buyer the flexibility to re-lease at market or accommodate an owner-user.
• Transit-Oriented Location: Located near the J & M subway lines, providing residents with direct access to Williamsburg and Manhattan in under 25 minutes.