DavisLee
MLS#1012716
STATUSActive
PROPERTY TYPECommercial -
SCHOOLBrooklyn 32
Property Description
Rare Vacant 6-Family Value-Add Investment OpportunityExceptional opportunity to acquire a fully vacant 6-family brick building in the heart of Ridgewood/Bushwick. Vacant for approximately three years, this property offers investors and developers a rare chance to reposition the asset at current market rents without tenant relocation issues.The building contains approximately 4,875 square feet with six residential units across three stories. According to NYC Department of Finance records, the property is classified as a 6-unit residential walk-up (Class 2A) and sits within an R6 zoning district.Located just off Wyckoff Avenue, the property benefits from strong rental demand and excellent transportation access, with nearby subway service providing a quick commute into Manhattan.Property Highlights6 Residential UnitsApprox. 4,875 SF Building Size3 StoriesBuilt in 1931Fully VacantSignificant Value-Add PotentialOpportunity to Set Market RentsStrong Ridgewood/Bushwick LocationAnnual Property Taxes Approximately $11,668Whether you're seeking a long-term hold, redevelopment opportunity, or a complete repositioning project, 409 Suydam Street offers a compelling combination of location, scale, and upside potential in one of Brooklyn's strongest rental markets.Delivered vacant and ready for immediate renovation, leasing, or redevelopment.
Property Features
Property Type: Commercial -
Basement: Full
Basement: Yes
Cooling: None
Heating: Oil
Lot Size: 0.06 Acres
Taxes: $11,668
Year Built: 1931
Feature Descriptions
Building Area Total: 4875
Days on Site: 3
Exterior: Brick
On Market Date: 2026-06-15
Parcel Number: 03211-0038
Parking Features: None
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 6
Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Trash Collection Public, Water Connected
Water: Public
Local Schools
High School: All City Leadership Secondary Sch
Middle School: Jhs 162 Willoughby (The)
Elementary School: Ps 123 Suydam
School District: Brooklyn 32
Listed By / Shown By
Listing By
Agency Name: Prime Realty
Agency Contact: 718-229-2922
Shown By
Agent Name: Davis Lee
Agent Phone: Cell: (516) 708-5176
Agency Title: Coldwell Banker American Homes
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409 Suydam Street | MLS# 1012716
This commercial property located at 409 Suydam Street, Brooklyn, NY 11237 is currently listed for sale with an asking price of $1,799,000. Suydam Street is located within the Brooklyn 32 school district. Search Brooklyn real estate on davislee.cbamhomes.com today.