request_info_guest false

Bushwick Multifamily Package | 5 Contiguous Buildings | 15 Apartments | 15,212 SF | 100% Free-Market

$6,600,000

75, 77, 79, 81, 83 Suydam Street, Brooklyn, NY 11221

Active
Last Updated: 04/18/2025

9.2

Projected Cap Rate

10,059 sqft

Building Size

Details:
Projected Cap Rate:    9.2%
Building Size:    10,059 sqft
GRM:    14.1
Year Built:    2019
Highlights:
  • Five buildings consisting of 15 units
  • All buildings have been newly-built in 2019
  • 100% Free-Market
  • Value-add potential
  • Buildings are exempt from Good Cause Eviction
  • 13 out of 15 units are expiring within 5 months
  • Below Market Rents of 30-40%
  • Tenants pay for heat
  • The properties are located near a busy retail corridor in Bushwick, near shopping, dining and entertainment options
  • Within walking distance to Central Avenue Stations (M train)
Map:
Location
Gallery