Built in 1931, the 4-story property at 1639 Broadway in New York is perfect for investors looking for a great Bushwick opportunity. This 7,000 square feet mixed-use/retail building may also interest companies keen to buy rather than having to rent office space or a retail building again.
Fully renovated and close to a train station, 1639 Broadway in New York provides investors with an estimated annual income of $131,172 gross per annum ($91,126 net). The building comprises of 6 rented apartments and one vacant commercial unit on the ground floor.
The storefront at 1639 Broadway in New York boasts ca. 2,000 square feet and there is also a basement with utility rooms in this building. The property carries C8-2 zoning.
Located a few minutes from Jackie Robinson Parkway, Belt Parkway and L.I.E, the property is also within two blocks from J-train and just a few blocks from A, C, L and Z trains. There are 11 bus lines servicing this neighborhood, which is just a short distance from Manhattan's Lower East Side via nearby Williamsburg Bridge.
Welcoming visitors with a brown brick facade in a typical Art Deco style, 1639 Broadway in New York makes a professional first impression.
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New York City
Median rate is a number derived from the median rate of listings posted on 42floors and reports from thought leaders in the area.