165 Wyckoff St - Apartments FOR SALE


Brooklyn, NY 11217- Boerum Hill
$5,500,000 USD
212-574-6971
165 Wyckoff St, Brooklyn, NY for Sale
$5,500,000 USD
Apartments - FOR SALE
1/21
null | 6.94% Cap Rate

165 Wyckoff St
Brooklyn, NY 11217
Boerum Hill


HIGHLIGHTS

  • 20'- Wide, Strong Income Generator Townhouse
  • 4 Free Market Renovated Apartments
  • Meticulously Landscaped Multi-tiered Garden
  • Delivered Vacant

OVERVIEW

The Bond Townhouse is a rare luxury investment & lifestyle opportunity in the heart of Boerum Hill. Offering 3,600 sq.ft of interior space, exceptional lighting design and an additional 1,000 sq.ft landscaped garden, 165 Wyckoff Street presents a unique investment opportunity. The property underwent an extensive renovation in 2019 costing approximately $1.9 million which resulted in four impeccably designed apartments. Whether kept and maintained as high-end short-term rentals or converted into a stunning single-family home, the Bond Townhouse exudes sophistication and charm. For the past four years, the current owner has successfully operated a luxury, furnished, and fully serviced short-term rental townhouse, catering to executives and visitors. With a strong track record of success, this property offers a proven income stream for investors seeking a turnkey, income-generating opportunity in Brownstone Brooklyn. Annual gross revenues consistently exceed $500,000. Originally built in the early 1900’s, this landmark building has been reimagined by the esteemed architectural and real estate firm Mysuites & Co., seamlessly blending historic character with modern elegance. The property comprises four distinct suites, each designed for refined living. The Garden Suite is a one-bedroom retreat, with a separate living area. The Garden Deluxe offers a two-bedroom layout with direct access to the lush garden. The Hem Suite is a two-bedroom haven featuring picturesque garden views, while the Penthouse is a spacious, mid-century-styled two-bedroom residence. Nestled among private gardens and charming tree-lined streets, 165 Wyckoff Street provides a peaceful home just minutes from Manhattan. The two-level private landscaped garden offers a rare touch of tranquility, while nearby attractions—Soho House Dumbo, Ace Hotel, Brooklyn Bridge, and more—immerse residents and guests in the vibrant culture of New York City. With convenient access to multiple subway lines, transportation is effortless, connecting you to all corners of Manhattan and beyond.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$1,528 USD /SF

# OF UNITS

4

PRICE/UNIT

$1,375,000

CAP RATE

6.94%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

R6B

APN/PARCEL ID

00386-0058

ASK ABOUT THIS PROPERTY

Tori LandonLeslie J. Garfield & CompanyMore Info
212-574-6971

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Tori LandonLeslie J. Garfield & CompanyMore Info
212-574-6971

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.