137 Wyckoff Avenue, Brooklyn, NY 11237

$4,700,000

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List Price
$4,700,000
Status
ACTIVE
MLS#
972113
Year Built
1931
Acres
0.06

Property Description

137 Wyckoff Avenue is a mixed-use investment property located in the heart of Bushwick. The building consists of seven residential units above one ground-floor retail space. The residential component includes three rent-stabilized units and four free-market units. Current rents are below market, presenting a clear value-add opportunity through future rent growth and improved management. The retail space is occupied by Dunkin' under a long-term lease, providing stable and reliable income. The property offers investors a balanced income stream with a strong commercial tenant and meaningful upside potential in one of Brooklyn’s fastest-growing neighborhoods.

Additional Information

Taxes
$31,841
Lot Size
2,527
Heating
Electric, Natural Gas
Cooling System Type
Multi Units
Sewer
Public Sewer
Water Source
Public
Basement
Full

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Listing courtesy of Listing Agent: Andrea L. Evans SRES (andrea.evans@elliman.com) from Listing Office: Douglas Elliman Real Estate.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.