409 Suydam Street, Brooklyn, NY 11237

$1,799,000

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List Price
$1,799,000
Status
ACTIVE
MLS#
1012716
Year Built
1931
Days on Market
45
Acres
0.06
County
Brooklyn
City Orig
Brooklyn
Lot Size
2500

Property Description

Rare Fully Vacant 6-Family Brick Building in Prime Bushwick/Ridgewood! Exceptional opportunity for investors, developers, and value-add buyers. This three-story brick multifamily property features six residential units and approximately 4,875 square feet of existing building area. Located in an R6 zoning district, the property will be delivered completely vacant at closing, offering immediate flexibility for renovation, repositioning, or long-term investment. Several neighboring properties on the same block have completed vertical additions and redevelopment projects. Buyers are encouraged to conduct their own due diligence regarding zoning, allowable use, building expansion, development potential, permits, and future unit configuration. Conveniently located near Wyckoff Avenue, shopping, dining, transportation, and the vibrant Bushwick/Ridgewood corridor. Annual real estate taxes are approximately $11,668. A rare opportunity to acquire a fully vacant multifamily asset in one of Brooklyn’s most dynamic neighborhoods.

Additional Information

Heating
Oil
Cooling
None
Sewer
Public Sewer
Elementary School
Ps 123 Suydam
Middle School
Jhs 162 Willoughby (The)
High School
All City Leadership Secondary Sch
School District
Brooklyn 32
Sq Ft
2500
Taxes
$11,668
Parking
None
Water
Public

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Shirley Y. Chen (shirleychen727@gmail.com) from Listing Office: Prime Realty.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.