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98-100 Bushwick Ave 12 Unit Apartment Building $10,002,240 CAD ($833,520 CAD/Unit) 4.44% Cap Rate Brooklyn, NY 11206
Executive Summary
98-102 Bushwick Avenue is a corner mixed-use investment and development opportunity in prime Williamsburg, Brooklyn, featuring eight residential units, multiple retail storefronts, and approximately 11,312 buildable square feet under existing C4-4A/R7A-equivalent zoning. The property generates current NOI of approximately $319,581 with significant upside through rent growth, commercial repositioning, and the utilization of approximately 4,016 square feet of remaining development rights. Located steps from the Grand Street L train station and within MIH, FRESH, and Transit Zones, the asset offers investors and developers a rare combination of stable cash flow, value-add potential, and long-term redevelopment upside.
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Sprinkler System
- Tub/Shower
- Smoke Free
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
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Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
100/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 02790-0022 | Improvements Assessment | $1,104,591 CAD |
| Land Assessment | $175,716 CAD | Total Assessment | $1,280,307 CAD |
Property Taxes
Parcel Number
02790-0022
Land Assessment
$175,716 CAD
Improvements Assessment
$1,104,591 CAD
Total Assessment
$1,280,307 CAD
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Brick & Mortar
98-100 Bushwick Ave
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