Fully occupied and cash-flowing, this exceptionally well-maintained eight-unit multi-family building is ideally situated in the heart of Bushwick, Brooklyn. Built in 1931, this classic brick building offers timeless curb appeal and solid construction, spanning approximately 7,280 square feet on a 27-foot by 70-foot lot. Each residence features a spacious railroad-style layout of over 900 square feet, with a mix of 1-, 2-, and 3-bedroom, 1-bath apartments. Two units have been recently renovated, offering a seamless blend of historic character and modern upgrades. The property is fully occupied with steady rental income from rent-stabilized tenants, making it an excellent opportunity for investors seeking long-term stability, strong cash flow, and future upside potential. Conveniently located just four blocks from the L and M subway lines, residents enjoy easy access to Manhattan in under 20 minutes. Zoned R6, the building sits on St. Nicholas Avenue, surrounded by Bushwick’s vibrant mix of cafes, art studios, restaurants, and nightlife, ensuring consistent tenant demand and rental growth
Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public
SEWER
Public Sewer
WATER SOURCE
Public
Year Built
1931
Basement
Unfinished
Parking Features
On Street
CITY
Brooklyn
COUNTY
Kings (Brooklyn)
STATE
NY
TAX AMOUNT
17890.0
LATEST UPDATE
2026-05-27T18:41:33.180Z
DAYS ON MARKET
198
PRICE CHANGE(S)
$1,350,000 Nov 10, 2025
$1,199,000 Apr 2, 2026
CUMULATIVE DAYS ON MARKET
198
Property Details
Property TypeCommercial
StatusActive
Property Sub TypeMulti Family
MLS #934120
HeatingNatural Gas
CoolingNone
Utility FeaturesElectricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public
SEWERPublic Sewer
WATER SOURCEPublic
Year Built1931
BasementUnfinished
Parking FeaturesOn Street
CITYBrooklyn
COUNTYKings (Brooklyn)
STATENY
TAX AMOUNT17890.0
LATEST UPDATE2026-05-27T18:41:33.180Z
DAYS ON MARKET198
PRICE CHANGE(S)
$1,350,000 Nov 10, 2025
$1,199,000 Apr 2, 2026
CUMULATIVE DAYS ON MARKET198
Market Trends
New Properties On Market
2
60%
Decrease In New Listings
Average Asking Price
$481,500
$230,800 Decrease In Avg Asking Price
Average Days On Market
1
10 Day
Decrease In Days On Market
Data as of Jun 04, 2026.
Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.
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