409 Suydam Street, New York, NY, 11237
$1,799,000
activeLot Size
2,500 sqft
Year Built
1931
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
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.
Listed by Shirley Y. Chen, Prime Realty
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