$1,300,000
( $288.89Per Sq Foot )
 $6,979 est/mo Sourced by Back At You

257 Stockholm Street,Brooklyn, NY 11237

Brooklyn, NY 11237

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Description

Rare 6-Unit Multifamily Investment Opportunity in Prime BushwickExceptional opportunity to own a six-family apartment building in the heart of Bushwick, one of Brooklyn’s fastest-growing neighborhoods. This well-located property features six residential units producing strong cash flow, making it a valuable addition to any investment portfolio.Just steps from Knickerbocker Avenue, a busy commercial corridor, the building benefits from high foot traffic and close proximity to supermarkets, popular cafés, restaurants, and everyday conveniences. The area continues to experience steady growth and revitalization, with expanding commercial activity and ongoing development.Commuters enjoy easy access to Manhattan via the nearby L train, as well as the Brooklyn-Queens Expressway, offering a convenient drive into the city. Located within an eastern Brooklyn Opportunity Zone, the property presents long-term upside in a rapidly appreciating neighborhood.Ideal for first-time multifamily investors or owner-occupants seeking to live in one unit while generating rental income from the others.

Details

MLS #944586
Listing TypeFor Sale
StyleMulti-Family
Sub-TypeResale
StatusActive
Year1931
Days On Site175
Listing Provided ByMahler Realty | Erik C. Mahler CBR

Features

SQ Feet4,500
BasementY
Story(s)3
Units6
Building(s)1
Acreage0.06

Interior

CoolingVaries by Unit
HeatingNatural Gas

Exterior

Construction MaterialsBrick, Unknown

Parking

Parking FeaturesOn Street

Utilities

UtilitiesCable Connected, Electricity Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
SewerPublic Sewer

Taxes

Tax Year2024
Tax Assessed Value477900
Tax Annual Amount8879.68

Area Information

StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11237
Listing VS Median (in 11237)
Price:
$1,300,000
low | high
Med:
$1,141,500
62.192307692308% of Average
sqft:
4,500
low | high
Med:
5,294
32.366666666667% of Average
$ / sqft:
$289
low | high
Med:
$217
74.799419471931% of Average
On site:
175
low | high
Med:
151.5
100% of Average
Sourced by Back At You

Market Activity 11237

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Learn More About This Property

StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11237
Listing VS Median (in 11237)
Price:
$1,300,000
low | high
Med:
$1,141,500
62.192307692308% of Average
sqft:
4,500
low | high
Med:
5,294
32.366666666667% of Average
$ / sqft:
$289
low | high
Med:
$217
74.799419471931% of Average
On site:
175
low | high
Med:
151.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $975K - $1.625M
sqft: 3,000 - 5,500
Nearby Listings Property ImageNearby Listings Details
229 Stanhope Street Property Photo 1
$1,158,000
229 Stanhope Street
Brooklyn, NY 11237
Listing Updated: July 9, 2026 at 3:42:25 PM PDT