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299 Troutman St

8 Unit Apartment Building $1,559,162 CAD ($194,895 CAD/Unit) Brooklyn, NY 11237

Executive Summary

Presenting a well-maintained four-story building featuring eight family units investment opportunity in budding Bushwick. This 25x65 building sits on a 25x100 lot with R6 zoning and is subject to 7A HPD regulations, ensuring quality maintenance and tenant protection. Each unit offers 2 bedrooms and 1 bathroom, providing comfortable living spaces. The property currently has four vacant units, with the 3rd and 4th floor units renovated, ready for immediate occupancy or rental. Situated in a vibrant neighborhood with tons of restaurants, cafes, shopping, and event venues nearby, this property is ideal for investors looking to capitalize on the demand for quality rental housing in a desirable area. Located conveniently near the L train and the B57 bus route for easy access into Manhattan and Downtown Brooklyn.

Property Facts

Price $1,559,162 CAD
Price Per Unit $194,895 CAD
Sale Type Investment
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class B
Lot Size 0.06 AC
Building Size 6,499 SF
No. Stories 4
Year Built 1960

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Oven
  • Tub/Shower

Site Amenities

  • 24 Hour Access

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 8 - -
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Rider's Paradise (98)
Bike Score ®
Biker's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03175-0045
Land Assessment
$8,876 CAD
Improvements Assessment
$862,265 CAD
Total Assessment
$871,141 CAD

zoning

Zoning Code R6 (Medium density residential district)
R6 (Medium density residential district)
  • Listing ID: 31917949

  • Date on Market: 2024-05-24

  • Last Updated:

  • Address: 299 Troutman St, Brooklyn, NY 11237

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