236 Suydam Street presents an opportunity to acquire a 6-unit rent stabilized multifamily asset in the heart of Bushwick, Brooklyn, offered below the $1 million threshold. Owned by the same family since 1997, the property has been carefully maintained and features a stable long-term tenant base, providing consistent income and operational stability for investors seeking a long-term Brooklyn hold. Positioned in one of Brooklyn’s most established and continuously evolving neighborhoods, the asset benefits from excellent transportation access, vibrant local amenities, and sustained demand for rental housing. An ideal opportunity for experienced investors, value-add operators, or 1031 exchange buyers seeking stable cash flow, predictable occupancy, and long-term appreciation potential within the Brooklyn multifamily market. Current gross annual income of $99,324 Additional financial information available upon request.
| MLS # | 1009411 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 1931 |
| Days On Site | 85 |
| Listing Provided By | Keller Williams Landmark II | Elaine Roy |
| SQ Feet | 4,200 |
|---|---|
| Basement | Y |
| Units | 6 |
| Zoning | R6 |
| Acreage | 0.06 |
| Cooling | None |
|---|---|
| Heating | Natural Gas |
| Construction Materials | Brick, Vinyl Siding |
|---|
| Parking Features | None |
|---|
| Utilities | Natural Gas Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 520200 |
| Tax Annual Amount | 8667 |
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11237 |
| School District | Bushwick Leaders High School For |
| Elementary School | Ps 145 Andrew Jackson |
| High School | Bushwick Leaders High School For |
| Listing VS Median (in 11237) | |
Price: $999,999 low | high Med: $1,125,000 sqft: 4,200 low | high Med: 5,712 $ / sqft: $238 low | high Med: $197 On site: 85 low | high Med: 191 | |
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11237 |
| School District | Bushwick Leaders High School For |
| Elementary School | Ps 145 Andrew Jackson |
| High School | Bushwick Leaders High School For |
| Listing VS Median (in 11237) | |
Price: $999,999 low | high Med: $1,125,000 sqft: 4,200 low | high Med: 5,712 $ / sqft: $238 low | high Med: $197 On site: 85 low | high Med: 191 | |
![]() | $1,998,0001140 Willoughby AvenueBrooklyn, NY 11237 |