Brooklyn, NY 11237,1517 Jefferson Ave
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Karin Lanciano

Karin Lanciano

Lanciano Pizante

+1(917) 426-8415
$1,200,000
Est. payment /mo
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UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Coming Soon

Purchase Type For Sale

MLS Listing ID 868520

Rental Info No

Year Built 1916

Annual Tax Amount $12,600

Property Sub-Type Multi Family

Source onekey2

Property Description

Rare 6-Unit Multi-Family Investment Opportunity in Prime Bushwick

Property Highlights:
Six residential units generating strong existing cash flow
Located just steps from Knickerbocker Avenue, a high-value commercial corridor
Excellent Walk Score of 92 – a true Walker's Paradise
Cap rate exceeding 6%
Projected annual rent growth of 5–10%

Location Features:
Short walk to J/Z trains at Alabama Avenue Station with direct access to Manhattan
Close proximity to L train for Williamsburg and Manhattan connections
Within a few blocks of multiple supermarkets including Fine Fare and Associated
Surrounded by popular cafes, restaurants, and neighborhood amenities
Quick access to the BQE; approximately 10 minutes to Manhattan

Investment Advantages:
Fully turnkey operation with stable, existing tenants
Low-maintenance building
Situated in a rapidly appreciating area undergoing active gentrification

Growth Potential:
Located in an Eastern Brooklyn Opportunity Zone
Expanding commercial corridor along Knickerbocker Avenue
City infrastructure and streetscape improvements underway

Ideal For:
First-time multifamily investors
Families seeking to occupy one unit and generate rental income

Location

State NY

County Kings (brooklyn)

Rooms

Basement Finished, Full

Interior

Heating Natural Gas

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Utilities Available Electricity Available

Building

Foundation Other

Sewer Public Sewer

Water Other

Structure Type Other

Others

Special Listing Condition None


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Listed by EXP Realty

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Karin Lanciano

+1(917) 426-8415

Agent | License ID: 10401317111

Agent License ID: 10401317111

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