393 Bleecker St
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393 Bleecker St
6 Unit Apartment Building For Sale Brooklyn, NY 11237
Investment Highlights
- Turn-key
- Tax class 2A
- 5 free market units
- Fully renovated
- 6 unit multifamily building
- 1 rent stabilized | Current CAP: 6.4% | Occupancy Rate: 100%
Executive Summary
Introducing a prime investment opportunity in the heart of Brooklyn, 393 Bleecker Street offers a fully renovated, turn-key 5,400 SF, 6-unit multifamily building in a sought-after R6 zoning. With 5 free market units and 1 rent stabilized unit, this tax class 2A property boasts a 100% occupancy rate, delivering immediate and consistent returns. Currently operating at an impressive 6.27% CAP, this well-maintained asset promises a seamless transition for the savvy high-rise investor looking to add a top-performing property to their portfolio.
Highlights:
- Turn-key
- Fully renovated
- Tax class 2A
- 6 unit multifamily building
- 5 free market units
- 1 rent stabilized
- Current CAP: 6.4%
- Occupancy Rate: 100%
Located in the Bushwick neighborhood of Brooklyn between Wyckofff Ave & St Nicholas Ave. Bushwick is one of the fastest growing neighborhoods in New York City. It’s a quickly evolving industrial area characterized by colorful street art and converted warehouses that house artist studios, coffee shops, and thrift stores. There are restaurants from all over the world, and a funky nightlife scene that thrives in its bars and clubs. With easy access to public transportation and proximity to other popular Brooklyn neighborhoods.
Nearest Transit: L & M trains at Myrtle - Wyckoff Ave and the B13, B52, B54, B38, & Q55 bus lines.
Nearby tenants include Dunkin', McDonald's, Burger King, FOOD BAZAAR, Mattress Firm, White Castle, Taco Bell, Cinnabon, Planet Fitness, Popeyes Louisiana Kitchen, Walgreens Pharmacy, Blink Fitness Bushwick, Capital One Bank, CVS, and more!
Highlights:
- Turn-key
- Fully renovated
- Tax class 2A
- 6 unit multifamily building
- 5 free market units
- 1 rent stabilized
- Current CAP: 6.4%
- Occupancy Rate: 100%
Located in the Bushwick neighborhood of Brooklyn between Wyckofff Ave & St Nicholas Ave. Bushwick is one of the fastest growing neighborhoods in New York City. It’s a quickly evolving industrial area characterized by colorful street art and converted warehouses that house artist studios, coffee shops, and thrift stores. There are restaurants from all over the world, and a funky nightlife scene that thrives in its bars and clubs. With easy access to public transportation and proximity to other popular Brooklyn neighborhoods.
Nearest Transit: L & M trains at Myrtle - Wyckoff Ave and the B13, B52, B54, B38, & Q55 bus lines.
Nearby tenants include Dunkin', McDonald's, Burger King, FOOD BAZAAR, Mattress Firm, White Castle, Taco Bell, Cinnabon, Planet Fitness, Popeyes Louisiana Kitchen, Walgreens Pharmacy, Blink Fitness Bushwick, Capital One Bank, CVS, and more!
Property Facts
Sale Type | Investment | Lot Size | 0.06 AC |
No. Units | 6 | Building Size | 5,400 SF |
Property Type | Multifamily | Average Occupancy | 100% |
Property Subtype | Apartment | No. Stories | 3 |
Apartment Style | Low Rise | Year Built | 1931 |
Building Class | B |
Sale Type | Investment |
No. Units | 6 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | B |
Lot Size | 0.06 AC |
Building Size | 5,400 SF |
Average Occupancy | 100% |
No. Stories | 3 |
Year Built | 1931 |
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Walk Score ®
Walker's Paradise (92)
Transit Score ®
Rider's Paradise (99)
Bike Score ®
Very Bikeable (86)
PROPERTY TAXES
Parcel Number | 03302-0041 | Improvements Assessment | $455,850 |
Land Assessment | $7,650 | Total Assessment | $463,500 |
PROPERTY TAXES
Parcel Number
03302-0041
Land Assessment
$7,650
Improvements Assessment
$455,850
Total Assessment
$463,500
zoning
Zoning Code | 13B (Located in the Bushwick neighborhood of Brooklyn) |
13B (Located in the Bushwick neighborhood of Brooklyn) |
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393 Bleecker St
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