Matthew Peters, Leader of The Peters Team at Marcus & Millichap, and Michael Ettedgui, are pleased to present the exclusive listing for the property located at 1501 Broadway, in the Bushwick section of Brooklyn, NY.
Property Details:
Stories: 4 + Basement
Dimensions: 25 feet wide along Broadway & 80 feet deep
Lot Size: 25 feet by 80 feet.
Block: 03380; Lot: 0003
Square Footage: Approximately 7,625 square feet
Tax Class: 2A (Protected)
Status: Free Market
Layout:
Basement:
Mechanicals | Room For Storage | 2 Bathrooms | Office
Ground Floor:
1 Commercial Unit
Convenience Store– 1,500 SF
5% Increases After 2026
Second Floor:
1 Apartment- Unit 2
Floor Through Apartment – 1,600 SF
Private Patio
4 Bedroom | 1 Bathroom
Third Floor:
2 apartments – Units 3R | 3L
3R - 2 Bedroom | 1 Bathroom – 800 SF
3L – 2 Bedroom | 1 Bathroom – 800 SF
Fourth Floor:
1 Apartment- Unit 4
Floor Through Apartment – 1,600 SF
4 Bedroom | 2 Bathroom
Investment Opportunity:
The building is currently cash flowing w/ 4 Free Market units & 1 Commercial
Room to Increase Rents, Separate Heat & Add Bedrooms or Additional Units
Potential to Split Floor Through Units & Duplex 3rd Floor Units into 2nd & 4th Floors
Location:
Located in Bushwick, Brooklyn, NY
Within walking distance to the J & Z Train Lines