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Multifamily

316 Suydam Street

316 Suydam St, Brooklyn, NY 11237

Listing Price: $1,350,000

Cap Rate
6.99%
Number of Units
6
GRM
9.39
Price/Unit
$225,000
Price/Gross SF
$257.14
Gross SF
5,250

Investment Overview

Marcus and Millichap are pleased to offer 316 Suydam Street, an attractive six-unit multifamily investment opportunity in the heart of Bushwick, one of Brooklyn’s most dynamic and rapidly appreciating neighborhoods. 316 Suydam Street is fully occupied, consisting of six spacious two-bedroom apartments totaling 5,250 SF. The property combines stable in-place income with clear upside potential through free market rent growth and long-term value appreciation.

Investment Highlights

  • 316 Suydam Street was built in 1931, spans 3 stories, and comprises of 6-Units, 5,250 SF on a 25' x 100' Lot.
  • Zoned R6 with a max FAR of 2.2, offering 5,500 buildable SF and ~250 SF of additional air rights.
  • Situated just steps from the L and M subway lines, as well as multiple bus routes, offering excellent connectivity to Manhattan and surrounding Brooklyn neighborhoods.

Exclusively Listed By

Financing By

Multifamily

316 Suydam Street

Listing Price: $1,350,000

Cap Rate
6.99%
Number of Units
6
GRM
9.39
Price/Unit
$225,000
Price/Gross SF
$257.14
Gross SF
5,250

Investment Highlights

  • 316 Suydam Street was built in 1931, spans 3 stories, and comprises of 6-Units, 5,250 SF on a 25' x 100' Lot.
  • Zoned R6 with a max FAR of 2.2, offering 5,500 buildable SF and ~250 SF of additional air rights.
  • Situated just steps from the L and M subway lines, as well as multiple bus routes, offering excellent connectivity to Manhattan and surrounding Brooklyn neighborhoods.

Investment Overview

Marcus and Millichap are pleased to offer 316 Suydam Street, an attractive six-unit multifamily investment opportunity in the heart of Bushwick, one of Brooklyn’s most dynamic and rapidly appreciating neighborhoods. 316 Suydam Street is fully occupied, consisting of six spacious two-bedroom apartments totaling 5,250 SF. The property combines stable in-place income with clear upside potential through free market rent growth and long-term value appreciation.

Exclusively Listed By

Financing By

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