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Investment Highlights
- Fully gut-renovated mixed-use building offering both residential and commercial income streams.
- Two floor-through residential apartments designed with contemporary finishes and efficient features.
- Minimal anticipated near-term capital costs and strong leasing potential across all units.
- Ground-floor commercial suite includes office layout with conference room, private offices, and backyard access.
- Located in Bushwick, adjacent to popular dining, retail, and creative hubs, and supported by robust transit options.
Executive Summary
Verada, as exclusive agent, is pleased to offer for sale 989 Halsey Street, a renovated two-family mixed-use townhouse in Bushwick, Brooklyn.
The property features two residential apartments and a finished lower-level office/commercial space with private rear yard access.
Both residential units are leased through mid-2027, generating $103,800 annually in durable residential income.
The commercial space is currently owner-occupied at $4,950/month and vacating soon.
The property features two residential apartments and a finished lower-level office/commercial space with private rear yard access.
Both residential units are leased through mid-2027, generating $103,800 annually in durable residential income.
The commercial space is currently owner-occupied at $4,950/month and vacating soon.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Sale Type | Investment | Lot Size | 0.05 AC |
| No. Units | 2 | Building Size | 3,300 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1915 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | R6 - High Density Residential | ||
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 3,300 SF |
| No. Stories | 3 |
| Year Built | 1915 |
| Opportunity Zone |
Yes |
| Zoning | R6 - High Density Residential |
Amenities
Unit Amenities
- Dishwasher
- Washer/Dryer
- Hardwood Floors
Site Amenities
- 24 Hour Access
- Controlled Access
- Smoke Free
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
1 1
Exceptionally walkable
100/100
Somewhat drivable
20/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 03401-0054 | Improvements Assessment | $66,316 CAD |
| Land Assessment | $11,762 CAD | Total Assessment | $78,078 CAD |
Property Taxes
Parcel Number
03401-0054
Land Assessment
$11,762 CAD
Improvements Assessment
$66,316 CAD
Total Assessment
$78,078 CAD
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989 Halsey St
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