MLS#906151
STATUSActive
PROPERTY TYPECommercial -
Property Description
Don't miss this solid 6-family multifamily property located in the heart of Bushwick, one of Brooklyn's most dynamic and rapidly growing neighborhoods. This fully occupied building offers strong cash flow with an approximate 8% cap rate, making it an excellent addition to any investor's portfolio. Conveniently situated near shopping, dining, nightlife, and multiple subway lines, this property provides both stability and future upside in a prime location.
Property Features
Property Type: Commercial -
Basement: Yes
Basement: Unfinished
Cooling: None
Heating: Baseboard, Hot Water
Lot Size: 0.04 Acres
Stories: 3.0
Taxes: $9,877
Year Built: 1931
Feature Descriptions
Building Area Total: 4125
Cap Rate: 8
Days on Site: 271
Exterior: Frame
Fuel Expense: 4250
Heating Units: 1
On Market Date: 2025-08-27
Parcel Number: 03345-0016
Parking Total: 0
Property Attached Y/N: 1
Rental Term: Monthly
Separate Electric Meters: 6
Separate Gas Meters: 6
Sewer: Public Sewer
Tenant Pays: Electricity, Gas
Units: 6
Utilities: Cable Available, Electricity Connected, Sewer Connected, Trash Collection Public, Water Connected
Water: Public
Listed By / Shown By
Listing By
Agency Name: eXp Realty
Agency Contact: 888-276-0630
Shown By
Agency Title: Coldwell Banker American Homes
Agency Phone: 866-831-4443
1530 Gates Avenue | MLS# 906151
This commercial property located at 1530 Gates Avenue, Brooklyn, NY 11237 is currently listed for sale with an asking price of $1,000,000. Search Brooklyn real estate on www.cbamhomes.com today.