Skip to main content

Multifamily

285 Troutman Street

285 Troutman St, Brooklyn, NY 11237

Listing Price: $3,250,000

Cap Rate
6.20%
Number of Units
5
GRM
12.84
Price/Unit
$650,000
Price/Gross SF
$722.22
Gross SF
4,500

Investment Overview

Marcus & Millichap is pleased to present 285 Troutman Street, a well-maintained 5-unit property ideally situated in the heart of Bushwick, Brooklyn. 285 Troutman Street presents a compelling opportunity for investors seeking a turnkey, free-market multifamily asset with solid in-place returns and immediate upside potential. The property spans approximately 4,500 SF on a 25 x 100 ft lot, with R6 zoning and a tax class 2A designation.

Investment Highlights

  • 285 Troutman Street, built in 1931, spans 3 stories and is comprised of 5 units, with condo quality finishes throughout.
  • 100% Free Market | Tax Class 2A | Zoning R6
  • The Jefferson Street L Train is within walking distance, offering direct access to Manhattan and neighboring Ridgewood and Williamsburg.

Exclusively Listed By

Financing By

Multifamily

285 Troutman Street

Listing Price: $3,250,000

Cap Rate
6.20%
Number of Units
5
GRM
12.84
Price/Unit
$650,000
Price/Gross SF
$722.22
Gross SF
4,500

Investment Highlights

  • 285 Troutman Street, built in 1931, spans 3 stories and is comprised of 5 units, with condo quality finishes throughout.
  • 100% Free Market | Tax Class 2A | Zoning R6
  • The Jefferson Street L Train is within walking distance, offering direct access to Manhattan and neighboring Ridgewood and Williamsburg.

Investment Overview

Marcus & Millichap is pleased to present 285 Troutman Street, a well-maintained 5-unit property ideally situated in the heart of Bushwick, Brooklyn. 285 Troutman Street presents a compelling opportunity for investors seeking a turnkey, free-market multifamily asset with solid in-place returns and immediate upside potential. The property spans approximately 4,500 SF on a 25 x 100 ft lot, with R6 zoning and a tax class 2A designation.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower