For Sale

Listed by Nancy Pezzolla

Source: Brooklyn Board of REALTORS® #500373

1646 Dekalb Avenue, New York, NY, 11237

$899,999

12
5
4725 sq. ft.
2500 sq. ft.

MultiFam

30+ days on the market

What's around 1646 Dekalb Avenue

About this property

In the heart of Bushwick, this classic 6-family brick building presents a rare opportunity to acquire a stabilized, income-producing asset in one of Brooklyn's most dynamic and rapidly evolving neighborhoods. Built in 1931, the property spans approximately 4,725 square feet across three stories on a 25 x 100 lot, offering both solid fundamentals and long-term upside potential. The building consists of six well-proportioned residential units, each configured with two bedrooms and one full bathroom—an in-demand layout that continues to attract steady tenancy. Five of the six units are currently tenant-occupied, with one owner-occupied unit providing immediate flexibility for an end-user or future rent optimization. The property is rent-stabilized, making it an ideal addition to a portfolio focused on consistent, reliable cash flow. A partially finished basement with a separate entrance adds additional value, offering potential for storage, laundry, or other ancillary uses. Positioned in a prime Bushwick location, the property benefits from exceptional connectivity and neighborhood amenities. The nearby Myrtle-Wyckoff Avenues Station is approximately minutes away, providing direct access to both the L and M subway lines. Residents can reach Downtown Brooklyn are nearby and Midtown Manhattan as well, making this an attractive option for commuters. The surrounding area offers a vibrant mix of lifestyle conveniences. Outdoor recreation is easily accessible at Maria Hernandez Park, a neighborhood staple just minutes away. Daily needs are met with nearby grocery options like Food Bazaar Supermarket, while popular coffee shops such as Variety Coffee Roasters and a diverse selection of restaurants and bars contribute to the area's energetic appeal. Additional nearby conveniences include local pharmacies, urgent care centers, and the United States Post Office. This location is truly paradise,"

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