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Listing Courtesy of Compass
$ 3,000,000
Est. payment | /mo
15 Beds
5 Baths
$ 3,000,000
Est. payment | /mo
15 Beds
5 Baths
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Bushwick
MLS Listing ID RLS20077898
Bedrooms 15
Full Baths 5
HOA Fees $3,795/mo
HOA Y/N Yes
Year Built 1931
Annual Tax Amount $16,824
Property Sub-Type Mixed Use
Property Description
637 Wilson Avenue presents a compelling opportunity to acquire a well-configured mixed-use building featuring five residential units over one commercial space. The residential component consists of five spacious three-bedroom apartments, layouts that appeal to a wide tenant base.
Currently, four of the residential units and the commercial space are occupied, providing immediate income, while one apartment is vacant. There is also the potential for additional units to be delivered vacant at closing, offering flexibility for repositioning, rent optimization, or end-user occupancy.
The strong unit mix and current setup allows for both stability and value-add strategy.
Situated in a growing neighborhood with continued development and demand, 637 Wilson Avenue is well-positioned for long-term appreciation and income growth. There is a full height basement, perfect to either integrate for additional commercial space, or can potentially be used for storage, additional laundry space or common space for renters.
The L train is across the street, giving renters/owners easy access to Manhattan.
Building: 26x77
Lot: 26x100
Tax Class: 2A
Inquire for income and expense info.
Currently, four of the residential units and the commercial space are occupied, providing immediate income, while one apartment is vacant. There is also the potential for additional units to be delivered vacant at closing, offering flexibility for repositioning, rent optimization, or end-user occupancy.
The strong unit mix and current setup allows for both stability and value-add strategy.
Situated in a growing neighborhood with continued development and demand, 637 Wilson Avenue is well-positioned for long-term appreciation and income growth. There is a full height basement, perfect to either integrate for additional commercial space, or can potentially be used for storage, additional laundry space or common space for renters.
The L train is across the street, giving renters/owners easy access to Manhattan.
Building: 26x77
Lot: 26x100
Tax Class: 2A
Inquire for income and expense info.
Location
State NY
County Kings
Rooms
Basement Full
Interior
Furnishings Unfurnished
Fireplace No
Laundry Common On Floor, See Remarks
Exterior
View Y/N No
Private Pool No
Building
Dwelling Type Mixed Use
Story 3
Entry Level Three Or More
Level or Stories Three Or More
New Construction No
Others
Tax ID 03436-0002
Ownership None
Monthly Total Fees $5, 197
Pets Allowed Building No, No

RLS Data display by WJFNY



