430 Bleecker St 6 Unit Apartment Building $1,650,984 CAD ($275,164 CAD/Unit) 7.72% Cap Rate Brooklyn, NY 11237

430 Bleecker Street presents an exclusive opportunity to acquire a fully occupied, six-unit residential building in the vibrant Bushwick neighborhood of Brooklyn. This 3-story walkup spans approximately 5,355 square feet and sits on a 2,550-square-foot lot. The property is configured with six rent-stabilized apartments, providing stable, long-term income for investors seeking a secure asset in a high-demand rental market.
Located near the intersection of Bleecker Street and Cypress Avenue, the building offers exceptional connectivity to local amenities, including restaurants, cafes, markets, and retail shops. Residents benefit from proximity to Myrtle Avenue and convenient access to the L and M subway lines, ensuring strong tenant retention and consistent rental demand.
With a net operating income of approximately $92,684 and an asking price of $1,200,000, this property offers an attractive capitalization rate and long-term upside in one of Brooklyn’s most dynamic neighborhoods. Investors will appreciate the combination of stable cash flow, favorable zoning, and the continued growth trajectory of Bushwick as a residential and cultural hub.