Located in the Bushwick neighborhood of Brooklyn between Wyckofff Ave & St Nicholas Ave. Bushwick is one of the fastest growing neighborhoods in New York City. It’s a quickly evolving industrial area characterized by colorful street art and converted warehouses that house artist studios, coffee shops, and thrift stores. There are restaurants from all over the world, and a funky nightlife scene that thrives in its bars and clubs. With easy access to public transportation and proximity to other popular Brooklyn neighborhoods.
Introducing a prime investment opportunity in the heart of Brooklyn, 393 Bleecker Street offers a fully renovated, turn-key 5,400 SF, 6-unit multifamily building in a sought-after R6 zoning. With 5 free market units and 1 rent stabilized unit, this tax class 2A property boasts a 100% occupancy rate, delivering immediate and consistent returns. Currently operating at an impressive 6.27% CAP, this well-maintained asset promises a seamless transition for the savvy high-rise investor looking to add a top-performing property to their portfolio.
Property Type: Multifamily
Complete Address: 393 Bleecker Street, Brooklyn , NY 11237
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