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1639 Broadway

Bedford‐Stuyvesant, Brooklyn, NY
Floors
4
Total Size
7,000 sqft
Lot Size
0 acres
Zoning
C8-2
Year Constructed
1931

About 1639 Broadway

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.

Internet Providers for 1639 Broadway

Provider Technology Max Download Speed Max Upload Speed
Cablevision/Lightpath Fiber
10 Gb/s
10 Gb/s
MegaPath DSL
25 Mb/s
1.5 Mb/s
Verizon New York DSL
10 Mb/s
1.5 Mb/s

The Market: New York City

Most listings are in the $60's per square foot per year. The New York City region is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 2% decline in rent.

Median Rate Median Size
$66
/sqft/yr
3,372
sqft

Median Rate over Time in New York City