Brooklyn Multifamily for Sale - North Brooklyn

BRAND NEW 2 FAMILY HEART OF BUSHWICK 100% FREE MARKET SEPERATELY METERED VERY LOW OPERATING EXPENSES TREMENDOUS FUTURE APPRECIATION!

Property Subtype:

Multi Family

Date on Market:

2025-12-29

Brooklyn Multifamily for Sale - North Brooklyn

This offering presents a prime opportunity to acquire 496 Putnam Avenue, a 16-unit, rent-stabilized multifamily property in the heart of Bedford-Stuyvesant, Brooklyn. Owned and operated by the same family for over 20 years, the building offers investors a well-maintained asset with proven cash flow and long-term upside. The property features a balanced unit mix of (8) one-bedroom apartments and (8) studio units, all rent-stabilized and fully occupied. Current gross rental income is approximately $259,907.64 annually, with steady NOI and significant future appreciation potential as rents gradually increase under NYC Rent Guidelines Board adjustments. Located on a tree-lined block in one of Brooklyn’s most dynamic and desirable neighborhoods, 496 Putnam Avenue benefits from consistent tenant demand, strong neighborhood fundamentals, and excellent access to transportation, retail, and lifestyle amenities. This is a prime opportunity for investors seeking stable cash flow, tax-protected rent regulation, and long-term appreciation in one of New York City’s most sought-after multifamily markets. Investment highlights 496 Putnam Avenue — Bedford-Stuyvesant, Brooklyn Asking Price: $2,299,999 Cap Rate: 6.78% Owned and cared for by the same owner for over two decades, this four-story limestone property delivers stable income, consistent tenancy, and long-term operational reliability. Located at the corner of Putnam Avenue and Throop Avenue, the building sits within one of Brooklyn’s most established and high-demand rental corridors, surrounded by neighborhood amenities, transportation options, and steady renter interest. Property Overview 16 Total Units – 8 Studios (North-Facing) – 8 One-Bedrooms (South-Facing) Four-story limestone façade 100% Occupancy Rent-stabilized building Units updated and renovated upon turnover Reliable building layout with strong natural light throughout Corner property providing dual street exposure Income Summary Gross Monthly Rent: $21,658.97 Annual Gross Income: $259,907.64 Operating Expenses Con Edison: $1,100 National Grid (Gas/Heating): $7,800 Water/Sewer: $11,000 Real Estate Taxes: $64,486 Insurance: $13,503 Maintenance: $6,000 Total Annual Expenses: $103,889 Financial Performance Net Operating Income (NOI): $156,018.64 Cap Rate (at $2,299,999): 6.78% Investment Highlights Strong 6.78%+ cap rate in a highly sought-after Brooklyn submarket Fully occupied, fully rent-stabilized, turnkey cash-flowing asset Long-term ownership with a proven track record of maintenance Consistent unit renovations completed as vacancies occur Healthy mix of studios and one-bedrooms, ideal for long-term tenant retention Stable, predictable income stream with low volatility Located in a prime Bedford-Stuyvesant residential pocket near transportation, retail, and dining Ideal for investors seeking steady yield, long-term appreciation, and secure tenancy

Property Subtype:

Apartment

Date on Market:

2025-12-25

Ridgewood Retail for Sale - Central Queens

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-12-20

Brooklyn Multifamily for Sale - North Brooklyn

Exceptional investment opportunity in Bushwick. This mixed-use property features one commercial space with a lease secured until 2032 and four residential units. Currently delivering a 7% cap rate, this property presents potential for increased returns. With strategic improvements or layout modifications, the cap rate could easily exceed 8%.

Property Subtype:

Apartment

Date on Market:

2025-12-16

Springfield Gardens Multifamily for Sale

Mixed-Use Investment Property in Springfield Gardens, NY 11413 – Fully Rented Excellent investment opportunity in the heart of Springfield Gardens! This well- maintained mixed-use property features a ground-floor deli with strong neighborhood visibility, plus a renovated three-bedroom residential apartment above—both fully leased with reliable tenants in place. The commercial space operates as a deli and benefits from steady foot traffic, established local clientele, and long-standing community presence. The updated 3- bedroom apartment offers modern finishes, spacious rooms, and solid rental income, making this an attractive, turn-key investment. Located near major thoroughfares, schools, public transportation, and local conveniences, this property provides stable cash flow and long-term growth potential in a highly desirable Queens neighborhood. Perfect for investors seeking a hands-off, income-producing asset from day one. The property is also being offered for sale together with profitable business for a total price of $1,198,000. Subject to E&O.

Property Subtype:

Multi Family

Date on Market:

2025-12-11

Brooklyn Multifamily for Sale - North Brooklyn

Unveil an exceptional mixed use investment opportunity in the heart of dynamic Bushwick, Brooklyn. This property offers the perfect blend of commercial visibility and residential income, poised for significant growth in one of NYC's most sought-after neighborhoods. Priced for a value-add investor, promising substantial returns and is ready for a strategic transformation. 1538 Gates Ave is a three-story mixed use building consisting of four Free Market apartments over one ground floor store, just steps away from the bustling Myrtle-Wyckoff Aves L & M subway station. Each of the upper floors is comprised of two apartments positioned front and back, all featuring a desirable boxed layout, three of which are 2 bedrooms and the other one is one bedroom. The retail space and two apartments are currently vacant, awaiting TLC which is perfect for an owner-user seeking the flexibility to establish their own business while benefiting from consistent cash flow or a savvy investor looking to customize and maximize returns.

Property Subtype:

Apartment

Date on Market:

2025-12-01

Elmhurst Retail for Sale - Northeast Queens

Commercial first floor and residential apartment space above. Currently whole building occupied as a church.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2025-11-25

Brooklyn Multifamily for Sale - North Brooklyn

3225 FULTON STREET, BROOKLYN, NY 11208 PRIME MIXED-USE INVESTMENT PROPERTY | FULLY OCCUPIED | STRONG CASH FLOW PROPERTY OVERVIEW Exceptional income-producing mixed-use building located along one of Brooklyn’s most vibrant and active commercial corridors — Fulton Street. This property features (4) spacious two-bedroom apartments and (2) ground-floor retail stores, offering investors a well-balanced and diversified income stream in a thriving and rapidly appreciating neighborhood. INVESTMENT SUMMARY Asking Price: $3,250,000 Current Monthly Rent Roll: $18,000 Annual Gross Income: $216,000 Current Cap Rate: Approx. 6.6% Pro Forma Cap Rate: 7.5% – 8.0% (based on achievable market rents) Occupancy: 100% (All residential and retail units fully leased) Configuration: 4 Residential Units + 2 Retail Units Zoning: Mixed-Use (Residential + Commercial) Strong In-Place Income: $216,000 annual rent roll with low operating expenses. Upside Potential: Market rents indicate achievable pro forma income of $240,000+ annually. LOCATION ADVANTAGE Situated along Fulton Street, one of Brooklyn’s most historic and continuously developing retail arteries, this property benefits from exceptional visibility, heavy foot traffic, and easy transit access. Near A, C, J, and Z subway lines and multiple MTA bus routes. Surrounded by retail, dining, schools, and residential density driving strong tenant retention. Minutes from key neighborhood hubs, community developments, and new mixed-use projects that continue to elevate property values. High-demand rental area offering long-term appreciation and sustained occupancy. INVESTMENT OUTLOOK With NYC’s rental market at record highs and Brooklyn’s mixed-use assets in constant demand, 3225 Fulton Street presents a rare opportunity to secure a performing, high-yield property in an established yet upward-trending corridor. This asset delivers: Immediate Cash Flow from day one. Strong Long-Term Growth Potential through rent appreciation. Diversified Stability across residential and retail income streams. Whether expanding your Brooklyn portfolio or seeking a secure 1031 exchange replacement property, this investment combines cash flow, stability, and location — the core fundamentals of any high-performing NYC asset. SUMMARY A true Brooklyn investment gem offering both income and upside — fully occupied, free-market residential units, established commercial tenants, and prime location within a dynamic retail corridor. 3225 Fulton Street stands as a testament to enduring value and urban opportunity — an investment built for today’s returns and tomorrow’s appreciation.

Property Subtype:

Apartment

Date on Market:

2025-11-18