644 Wilson Avenue is a mixed-use investment opportunity with a 6.8% cap rage in the heart of Bushwick, just moments from the Wilson Avenue L train and surrounded by one of Brooklyn's strongest rental markets. The approximately 4,500-square-foot building features five FREE-MARKET residential apartments above a long-standing corner deli occupying… Read More the building's retail space - generating over $241,000 in annual income. The residential portion consists of four two-bedroom apartments and one one-bedroom apartment, all finished with updated interiors. Retail and residential utilities are separately metered, and each space has its own split heating and cooling system. With annual taxes of just $12,176 (Tax Class 2A), low operating costs, and consistent demand from renters in the neighborhood, 644 Wilson Avenue offers investors the opportunity to acquire a well-positioned asset with attractive long-term upside. Read Less
Listing Courtesy of: Nicholas Andrew Hovsepian, Corcoran Group
Listing Snapshot
Days Online
64
Last Updated
Property Type
MixedUse
Beds
9
Full Baths
5
Partial Baths
1
Square Ft.
4,500
Year Built
1906
MLS Number
RLS20108020
Additional Details
Appliances & Equipment
WasherDryerAllowed
Building
Built in 1906, Living area: 4500.0, Living area units: SquareFeet, 3 stories, Entry level: 1
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