Mixed-Use
293 Wyckoff Avenue
293 Wyckoff Ave, Brooklyn, NY 11237
Listing Price: $2,500,000
Investment Overview
Marcus & Millichap is pleased to offer 293 Wyckoff Avenue, an opportunity to acquire a mixed-use asset in the heart of Bushwick, Brooklyn, featuring stable residential cash flow, strong retail frontage, and future upside through mark-to-market growth and additional air rights. Situated along the active Wyckoff Avenue corridor, the property consists of six total units across approximately 4,275 square feet, including four free-market residential apartments and two ground-floor commercial spaces.
Positioned on a 25’ x 102.67’ lot with R6 / C1-3 zoning, the property also benefits from approximately 1,372 square feet of additional air rights, creating long-term value through potential expansion or redevelopment optionality. The building’s low expense ratio of approximately 19% and favorable Tax Class 2A designation further enhance operational efficiency and investment stability.
293 Wyckoff Avenue
Investment Highlights
- 293 Wyckoff Avenue, built in 1931, is a 6-unit mixed-use asset, spanning 3 stories, approx. 4,275 SF.
- Tax Class: 2A | Zoning: R6, C1-3 | 100% FM
- 293 Wyckoff Avenue benefits from Bushwick's thriving restaurant, nightlife, and arts scene, as well as convenient access to public transportation and neighboring Williamsburg & Ridgewood.
Listing Price: $2,500,000
Investment Highlights
- 293 Wyckoff Avenue, built in 1931, is a 6-unit mixed-use asset, spanning 3 stories, approx. 4,275 SF.
- Tax Class: 2A | Zoning: R6, C1-3 | 100% FM
- 293 Wyckoff Avenue benefits from Bushwick's thriving restaurant, nightlife, and arts scene, as well as convenient access to public transportation and neighboring Williamsburg & Ridgewood.
Investment Overview
Marcus & Millichap is pleased to offer 293 Wyckoff Avenue, an opportunity to acquire a mixed-use asset in the heart of Bushwick, Brooklyn, featuring stable residential cash flow, strong retail frontage, and future upside through mark-to-market growth and additional air rights. Situated along the active Wyckoff Avenue corridor, the property consists of six total units across approximately 4,275 square feet, including four free-market residential apartments and two ground-floor commercial spaces. Positioned on a 25’ x 102.67’ lot with R6 / C1-3 zoning, the property also benefits from approximately 1,372 square feet of additional air rights, creating long-term value through potential expansion or redevelopment optionality. The building’s low expense ratio of approximately 19% and favorable Tax Class 2A designation further enhance operational efficiency and investment stability.
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