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637 Wilson Ave
Brooklyn, NY 11207
Retail Property For Sale
Investment Highlights
- In-place rents ~15% below market; clear path to repositioning as leases turn.
- Approved Alt-1 permit for basement conversion to commercial space.
- Expediter engaged to resolve 35 open violations toward clean title.
- Two units already in eviction pipeline — accelerating re-leasing at market rents.
- Ground-floor retail lease through 2036 with 5%–10% annual rent increases.
- Prime Bushwick location, 2 blocks from Wilson Ave L-train station.
Executive Summary
Cory Rosenthal
License # 10311210106, 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
575 5th Ave., Ste 2810 New York, NY 10017
(866) 889-0550
License # 10311210106, 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
575 5th Ave., Ste 2810 New York, NY 10017
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,006 SF
Building Class
B
Year Built
1931
Price
$3,599,856 CAD
Price Per SF
$599.38 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.31
Lot Size
0.06 AC
Zoning
R6 - Medium density residential district
Parking
1 Spaces (0.17 Spaces per 1,000 SF Leased)
Frontage
26’ on Wilson Ave
Amenities
- 24 Hour Access
- Pool
- Signage
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 03436-0002 | Improvements Assessment | $712,360 CAD |
| Land Assessment | $9,308 CAD | Total Assessment | $721,668 CAD |
Property Taxes
Parcel Number
03436-0002
Land Assessment
$9,308 CAD
Improvements Assessment
$712,360 CAD
Total Assessment
$721,668 CAD
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