• Fully Free Market Asset: All 6 residential units are free market, giving the next owner complete control over rents in one of Brooklyn’s most active rental markets.
• Rare Long-Term Retail Lease Through 2035: The ground-floor commercial space (1,125 SF) is leased through 2035 at $6,000/month, providing a buyer with nearly a decade of predictable, locked-in commercial income from day one.
• Strong In-Place Income: The property generates $309,300 in gross annual income with an NOI of $205,834, delivering immediate and stable cash flow backed by free market residential rents.
• Uniform 3-Bedroom Unit Mix: All 6 residential units are spacious 3-bedroom/1-bath apartments averaging 660 NSF, appealing to a wide pool of renters and supporting strong retention and lease-up.
• Prime Bushwick Location on Broadway: Situated on Broadway, Bushwick’s main commercial corridor, with immediate access to local retail, restaurants, and the energy of one of Brooklyn’s fastest-growing neighborhoods.
• Transit-Oriented Location: Located near the J & M subway lines, providing residents with direct access to Williamsburg and Manhattan in under 25 minutes.