If you're looking for a truly excellent investment opportunity in a prime Brooklyn location look no further. Located in Bushwick on one of the busiest commercial corridors and only steps to the JMZ trains you would be hard pressed to find a better deal. Delivered completely vacant at closing this building has a foot print of 23x50 and sits on a lot of 23x100. It is spans over 3,400 square feet and is comprised of two very large three bedroom apartments each over 1,000 square feet, the commercial space is also over 1,000 square feet and could be home to any number of businesses. There is also a basement that stretches length and width of the building that can be coupled with the commercial space for added rental income. The zoning is great at R6/C2-3 the FAR is 2.43 and the ability to expand is possible. This is an excellent deal, perfect for a 1031 exchange. The projected rent roll is upwards of $10,000 per month, the expenses are limited and the possibilities are endless.
Off market
$1,855,000
1099 Broadway, Brooklyn, NY 11221
0beds
0baths
3,450sqft
Mixed Use
Built in 1931
2,326 Square Feet Lot
$1,855,000 Zestimate®
$538/sqft
$4,641 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Interior area
- Total interior livable area: 3,450 sqft
Property
Lot
- Size: 2,326 sqft
Details
- Parcel number: 032300047
- Zoning: R6
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Mixed Use
Condition
- Year built: 1931
Utilities & green energy
- Electric: Circuit Breakers, 220 V
Community & neighborhood
Location
- Region: Brooklyn
Other
Other facts
- Flooring: Hardwood
- Property Sub Type: Mixed Use
- Property Type: Mixed Use
- Basement Amenities: Full, Cellar
- Borough: Brooklyn
- Building Type: Attached
- Electric: Circuit Breakers, 220 V
- Heating Fuel: Gas
- Hot Water: Gas
- Yard: Back
- Zoning: R6
- Owner Occupied: Yes
- Foundation Details: Other
- Construction Materials: Block
- Roof: Other
- Heat Delivery: Other
- Exterior: Vinyl Siding
- Lavatories: 3