Lender Owned Free Market Corner Building in Bushwick

1195 Bushwick Ave


Cross Street Corner of Jefferson Ave & Bushwick Ave
Lot SF 1,600
Gross Building SF 4,000
Zoning R6
Request More Info
Would you like to know more?

I would like to be contacted:

Are you in a 1031 Exchange?

Mixed-Use 1195 Bushwick Ave, Bushwick
Matthew Cosentino
Have Matthew contact you

Want Matthew to contact you?

I would like to be contacted:

Are you in a 1031 Exchange?


Stories 3
Total Units 4
Residential Units 2
Commercial Units 2


TerraCRG has been retained to exclusively represent ownership in the sale of the mixed-use building at 1195 Bushwick Avenue in the Bushwick neighborhood of Brooklyn.

The Free-Market Corner property is Lender Owned and consists of:
1. Two Free-Market Residential Units.
Each floor through unit consists of 4 bedrooms and 2 baths. Each Unit is ~1,080 SF.
2. One Corner Retail Space occupied by a Grocery Store.
3. Additional Ground Floor Space occupied by a Massage Therapy Office.

The 4,000 SF building has extremely low expenses as the property is Tax Class Protected.

The building is fully occupied except for 1 of the residential units. When projecting income for the 1 vacant residential unit, the pricing equates to a:~6.8% Cap Rate and 419/SF. There is also significant upside rent potential in the corner retail space, which is currently rented at $2,831/month. Market rent for that space is $6,000/month.

The building is ideally located a block from the Halsey Street J train station and in close proximity to all the new bars and restaurants that have recently opened to cater to the residents of the luxury rental buildings that have been built in Bushwick.


Cuts & Slices
The Evegreens Cemetery

Brooklyn Neighborhood Guides

Our neighborhood guides tell you everything you need to know about Brooklyn, from comprehensive market data to the best places to eat, shop and play.

Learn More >