5+1 Mixed-Use Building

198 Wyckoff Avenue

Bushwick

$2,550,000

Building Size 25 x 60
Lot Size 25 X100
Building SF 4,500 SF
Stories 3
Cross Streets Greene Ave & Bleecker St
Residential Units 5
Commercial Units 1
Subways
l
m
Buses
B13
Mixed-Use 198 Wyckoff Avenue, Bushwick
Matthew Cosentino
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Details

Zoning R6
Block 3301
FAR 1.4

Overview

The building is located directly on Wyckoff Avenue, one of the best and most dynamic retail strips in Brooklyn. It is also just 4 blocks from both the DeKalb Avenue L Station and the MyrtleWyckoff M & L trains. The property offers the rare opportunity to own a free market building with retail frontage on the most prime section of Wyckoff Avenue.

The three-story brick building is 25 ft x 60 ft and consists of 6 total units (5 free-market residential apartments along with a ground floor commercial space). The retail space is owner occupied and will be delivered vacant. After renovation, the property can generate approx. $207K/year in gross income.

Attractions

The property is ideally located in one of the most desirable locations in Bushwick – on Wyckoff Avenue in very close proximity to both the M and L trains. The retail development in this location has exploded with some of the best restaurants, bars and cafes opening in the immediate vicinity, including: Sally Roots, Hanna Natural Organic Market and Wine Shop, Starbucks, Planet Fitness, Artichoke Pizza, Sea Wolf, Heavy Woods, The Cobra Club, Left Hand Path, Fair Weather Bushwick, Old Stanley’s, GoodYoga, Variety Coffee Shop and Wyckoff Starr Coffee Shop to name a few.

Sally Roots
Hanna Natural Organic Market and Wine Shop
Starbucks
Planet Fitness
Artichoke Pizza
Sea Wolf
Heavy Woods
The Cobra Club
Left Hand Path
Fair Weather Bushwick
Old Stanley’s
GoodYoga
Variety Coffee Shop and Wyckoff Starr Coffee Shop

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