1195 Bushwick Ave

1195 Bushwick Ave, Brooklyn, NY 11221

  • For Sale Contact for pricing
  • Property Type Mixed Use - Retail / Residential
  • Property Size 4,000 SF
  • Units 2
  • Lot Size 1,600 SF
  • Zoning R6
  • # of Floors 3
  • Property Tenancy Multi-Tenant
  • Year Built 1905
  • Date Updated Mar 19, 2024

TerraCRG has been retained to exclusively represent ownership in the sale of the mixed-use building at 1195 Bushwick Avenue in the Bushwick neighborhood of Brooklyn.

TheFree-Market Cornerproperty is Lender Owned and consists of:

1. Two Free-Market Residential Units.

Each floor through unit consists of 4 bedrooms and 2 baths. Each Unit is ~1,080 SF.

2. One Corner Retail Space occupied by a Grocery Store.

3. Additional Ground Floor Space occupied by a Massage Therapy Office.

The 4,000 SF building has extremely low expenses as the property isTax Class Protected.

The building is fully occupied except for 1 of the residential units. When projecting income for the 1 vacant residential unit, the pricing equates to a:~6.8% Cap Rate and 419/SF. There is also significant upside rent potential in the corner retail space, which is currently rented at $2,831/month. Market rent for that space is $6,000/month.

The building is ideally located a block from the Halsey Street J train station and in close proximity to all the new bars and restaurants that have recently opened to cater to the residents of the luxury rental buildings that have been built in Bushwick.

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Reach out to the broker for more info on lease terms and amenities

Highlights

  • Free Market
  • Tax Class Protected
  • Low Expenses
  • Lender Owned
  • ~6.8% Cap Rate
  • Corner Building
  • Block From the Subway

Contacts

broker

Matt Cosentino

TerraCRG

(718) 768-6888

broker

Remi Norris

TerraCRG

(718) 395-1877

broker

Daniel Chung

TerraCRG

broker

Michael Hernandez

TerraCRG

(718) 768-6888

Location

Getting Around

  • Walk Score ®

    88/100 Very Walkable

  • Transit Score ®

    96/100 Rider's Paradise

  • Bike Score ®

    80/100 Very Bikeable
Powered by Walk Score ®
  • City Brooklyn, NY
  • Neighborhood Bushwick
  • Zip Code 11221
  • Market Brooklyn

Points of Interest

  • Halsey Street

    0.16 miles

  • Gates Avenue

    0.33 miles

  • Chauncey Street

    0.49 miles

  • Wilson Avenue

    0.62 miles

  • Bushwick Avenue–Aberdeen Street

    0.70 miles

  • Rockaway Avenue Station

    0.71 miles

  • Knickerbocker Avenue

    0.72 miles

  • Ralph Avenue

    0.74 miles

  • Kosciuszko Street

    0.75 miles

  • Rockaway Avenue

    0.77 miles

  • BP

    0.75 miles

  • Speedway

    0.85 miles

  • BP

    0.87 miles

  • Gulf

    0.88 miles

  • Pure Energy

    0.89 miles

  • Speedy Gas

    0.99 miles

  • Hess

    1.07 miles

  • Exxon

    1.07 miles

  • BP

    1.08 miles

  • BP

    1.09 miles

  • Havens Place Lot

    1.05 miles

  • MMP Parking LLC

    1.07 miles

  • Stop & Shop Parking

    1.59 miles

  • Kings County Parking Garage

    2.58 miles

  • Cielo Garage

    2.65 miles

  • Underhill Garage

    2.71 miles

  • The Brooklyn Museum and Botanic Garden

    2.82 miles

  • Connoly's Parking Lot

    3.01 miles

  • Rapid Park

    3.12 miles

  • Garfield Garage

    3.40 miles

  • Neptune Hotel

    0.15 miles

  • Red Carpet Inn

    0.77 miles

  • hull

    0.78 miles

  • Lexington Inn - Brooklyn NY

    1.10 miles

  • Broadway Hotel

    1.23 miles

  • casa reservada para vacaciones

    1.33 miles

  • Surface Inn

    1.38 miles

  • Hotel Bogart Street, Brooklyn

    1.38 miles

  • New York Loft Hostel

    1.43 miles

  • New York Moore Hostel

    1.57 miles

  • New Choy Hing

    0.02 miles

  • BK Pizza

    0.13 miles

  • BK Lobster

    0.13 miles

  • Le Fatima

    0.16 miles

  • Kalina Bar & Grill

    0.16 miles

  • Domino's

    0.17 miles

  • Popeyes

    0.19 miles

  • Dunkin'

    0.19 miles

  • Marthitas Kitchen #2

    0.20 miles

  • Checkers

    0.24 miles

  • Public School 299

    0.18 miles

  • Brooklyn High School for Law and Technology

    0.25 miles

  • Public School 45

    0.33 miles

  • Public School 5

    0.41 miles

  • Public School 137

    0.44 miles

  • Junior Academy

    0.48 miles

  • Public School 113

    0.49 miles

  • Saint Martins School

    0.51 miles

  • Public School 106

    0.51 miles

  • Public School 151

    0.52 miles

  • Audrey Johnson Day Care Center

    0.63 miles

  • Little Einstein's Daycare

    1.52 miles

  • Brooklyn Kids Academy

    1.53 miles

  • Little Sun People

    1.72 miles

  • Simcha Tots

    1.82 miles

  • Bambi Day Care Center

    1.85 miles

  • Our Children The Leaders of Tomorrow

    1.93 miles

  • Friends of Crown Heights Educational Center

    1.98 miles

  • Garden of Learning

    2.00 miles

  • Mi Casita

    2.05 miles

Frequently Asked Questions

What is the total square footage of 1195 Bushwick Ave?

1195 Bushwick Ave totals 4,000 square feet.

When was this property built?

1195 Bushwick Ave was built in 1905.

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