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Multifamily

291 Wyckoff Avenue

291 Wyckoff Ave, Brooklyn, NY 11237

Listing Price: $945,000

Cap Rate
7.70%
Number of Units
6
GRM
7.69
Price/Unit
$157,500
Price/Gross SF
$217.24
Gross SF
4,350

Investment Overview

Marcus & Millichap is pleased to offer 291 Wyckoff Avenue, an opportunity to acquire a six-unit multifamily building in the heart of Bushwick, one of Brooklyn’s most dynamic and rapidly evolving neighborhoods. Situated on a 25’ x 103.42’ lot with R6/C1-3 zoning, the property contains approximately 4,350 square feet and benefits from 1,363 square feet of additional air rights, offering long-term upside through potential future expansion or redevelopment.

Investment Highlights

  • 291 Wyckoff Avenue, built in 1931, is a 6-unit multifamily asset spanning 3 stories, approx. 4,350 SF.
  • Tax Class: 2A | Zoning: R6, C1-3 | 5 Rent Stabilized Units, 1 Free Market Unit.
  • 291 Wyckoff is in proximity to Bushwick's thriving restaurant, nightlife, and arts scene, and convenient access to public transportation connecting tenants to Williamsburg, Downtown BK & Manhattan.

Exclusively Listed By

  • Shaun Riney

    Licensed Associate Real Estate Broker

    (718) 475-4369

    Email Shaun

    License(s): NY: 10491208207, NY: 10301215754

    New York City

  • Michael Salvatico

    Licensed Associate Real Estate Broker

    (718) 475-4358

    Email Michael

    License(s): NY: 10301216098

    New York City

Financing By

Multifamily

291 Wyckoff Avenue

Listing Price: $945,000

Cap Rate
7.70%
Number of Units
6
GRM
7.69
Price/Unit
$157,500
Price/Gross SF
$217.24
Gross SF
4,350

Investment Highlights

  • 291 Wyckoff Avenue, built in 1931, is a 6-unit multifamily asset spanning 3 stories, approx. 4,350 SF.
  • Tax Class: 2A | Zoning: R6, C1-3 | 5 Rent Stabilized Units, 1 Free Market Unit.
  • 291 Wyckoff is in proximity to Bushwick's thriving restaurant, nightlife, and arts scene, and convenient access to public transportation connecting tenants to Williamsburg, Downtown BK & Manhattan.

Investment Overview

Marcus & Millichap is pleased to offer 291 Wyckoff Avenue, an opportunity to acquire a six-unit multifamily building in the heart of Bushwick, one of Brooklyn’s most dynamic and rapidly evolving neighborhoods. Situated on a 25’ x 103.42’ lot with R6/C1-3 zoning, the property contains approximately 4,350 square feet and benefits from 1,363 square feet of additional air rights, offering long-term upside through potential future expansion or redevelopment.

Exclusively Listed By

  • Shaun Riney

    Licensed Associate Real Estate Broker

    (718) 475-4369

    Email Shaun

    License(s): NY: 10491208207, NY: 10301215754

    New York City

  • Michael Salvatico

    Licensed Associate Real Estate Broker

    (718) 475-4358

    Email Michael

    License(s): NY: 10301216098

    New York City

Financing By

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