Skip to main content

Multifamily

1356 Willoughby Avenue

1356 Willoughby Ave, Brooklyn, NY 11237

Listing Price: $2,100,000

Cap Rate
4.80%
Number of Units
6
Occupancy
100.0%
Price/Unit
$350,000
Price/Gross SF
$444.44
Gross SF
4,725

Investment Overview

The NYM Group at Marcus & Millichap is pleased to present 1356 Willoughby Avenue for sale in northwest Bushwick. The building is ideally located in the most desired pocket of Bushwick b/w Wyckoff & St. Nick Ave. It’s surrounded by new development, popular restaurants/bars and offers immediate access to the Jefferson St L train. There’s value-add potential in the free-market units and the opportunity to significantly increase income in this dynamic rental location.

Investment Highlights

  • Six Units | 4,725 Total SF
  • $7,047 Tax | Protected Class 2A
  • Value Add Free-Market units and $1,600+ RS Rents
  • Light Filled Units w/ Extra Windows
  • Excellent Location | 1 Block to Maria Hernandez Park & Jefferson St L Train
  • Surrounded by Bushwick's Top Restaurants/Entertainment

Exclusively Listed By

Multifamily

1356 Willoughby Avenue

Listing Price: $2,100,000

Cap Rate
4.80%
Number of Units
6
Occupancy
100.0%
Price/Unit
$350,000
Price/Gross SF
$444.44
Gross SF
4,725

Investment Highlights

  • Six Units | 4,725 Total SF
  • $7,047 Tax | Protected Class 2A
  • Value Add Free-Market units and $1,600+ RS Rents
  • Light Filled Units w/ Extra Windows
  • Excellent Location | 1 Block to Maria Hernandez Park & Jefferson St L Train
  • Surrounded by Bushwick's Top Restaurants/Entertainment

Investment Overview

The NYM Group at Marcus & Millichap is pleased to present 1356 Willoughby Avenue for sale in northwest Bushwick. The building is ideally located in the most desired pocket of Bushwick b/w Wyckoff & St. Nick Ave. It’s surrounded by new development, popular restaurants/bars and offers immediate access to the Jefferson St L train. There’s value-add potential in the free-market units and the opportunity to significantly increase income in this dynamic rental location.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower