Business for Sale in Brooklyn, NY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Brooklyn, NY 11237

Description

Marcus & Millichap is pleased to offer 295 Wyckoff Avenue, an opportunity to acquire a fully renovated mixed-use asset in the heart of Bushwick, Brooklyn. The five-unit property consists of four free-market residential apartments and one long-term commercial unit occupied by a vented restaurant with additional basement storage and backyard access. Positioned along one of Bushwick’s most active commercial corridors, the asset offers investors a stabilized income stream with upside through rental growth and future redevelopment potential. Investment Highlights: • 295 Wyckoff Avenue, built in 1931, is a 5-unit mixed-use asset, spanning 3 stories, approx.4,650 SF. • Tax Class: 2A | Zoning: R6, C1-3 | 100 % Fair Market • The property is situated near the L and M subway lines, providing direct connectivity into Manhattan and throughout Brooklyn and Queens.

Market Context

This mixed use in Brooklyn, NY is listed for sale. It is offered at an approximate 6.9% capitalization rate, a key benchmark for income-producing mixed use assets. It has been on the market for 54 days. Compare it against other mixed use listings for sale in Brooklyn, NY — <a href="/search/sale/mixed-use/new-york/brooklyn">view the full market</a>.

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