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1111 Willoughby AveBrooklyn, NY 11237
1111 Willoughby Avenue
Asset ClassMultifamily
Lender REO Sale
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Overview

A rare opportunity to acquire a fully occupied, 6-unit rent-stabilized multifamily building in the heart of Bushwick, one of Brooklyn's most dynamic and rapidly evolving neighborhoods. This 3-story, walk-up building offers 4,350 SF of residential space across six 2-bedroom/1-bathroom units on a 25 × 100 ft lot zoned R6. Steps from the Central Ave M train with easy access to Midtown Manhattan, and surrounded by significant new development activity throughout the neighborhood.

 

Asking Price: $650,000

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Investment Highlights

  • 3-Story multifamily building
  • 6 residential units
  • 4,350 sq ft building on a 2,500 sq ft lot
  • 25 feet of frontage along Willoughby Avenue
  • Within walking distance to the Central Ave Station (M train) providing access to midtown Manhattan in 35 minutes
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1111 Willoughby AveBrooklyn, NY 11237
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