Two Turnkey Mixed Use Free Market Buildings in Prime Bushwick
$6,500,000
105 & 153 Wilson Avenue, Brooklyn, NY 11237
For Sale
Mixed Use
Active
Last Updated: 05/17/2025
6.28
Cap Rate
408,329
NOI
Details:
Cap Rate: 6.28%
NOI: $408,329
Combined Building Size: 9,375 sqft
Combined Lot Area : 5,000 sqft
Units: 12
Zoning: R6
: 3
Highlights:
- • Two 3-story mixed use buildings with free market residential units
- • 105 Wilson Avenue contains a Japanese restaurant on the ground floor with 4 residential units above
- • 153 Wilson contains a barber shop on the ground floor and six residential units above. Units 1L and 1R both are duplexes with access to the backyard
- • The buildings are newly renovated and fully occupied providing great cash flow with upside in the rents
- • Protected Tax Class 2A - limits property tax increases year over year
- • Located in a thriving pocket of Bushwick just one block from Maria Hernandez Park, a neighborhood seeing immense growth and development, offering many restaurants, shops & experiences throughout
- • Walking distance to the DeKalb Avenue Subway Station (L) and the Central Avenue Subway Station (M)
- • Both the L & M lines provide quick access to all five boroughs - under 35 minutes for transport to Grand Central 42nd Street
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Location
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