137 Wyckoff Avenue is a mixed-use investment property located in the heart of Bushwick. The building consists of seven residential units above one ground-floor retail space. The residential component includes three rent-stabilized units and four free-market units. Current rents are below market, presenting a clear value-add opportunity through future rent growth and improved management. The retail space is occupied by Dunkin' under a long-term lease, providing stable and reliable income. The property offers investors a balanced income stream with a strong commercial tenant and meaningful upside potential in one of Brooklyn’s fastest-growing neighborhoods.
| MLS # | 972113 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1931 |
| Days On Site | 175 |
| Listing Provided By | Douglas Elliman Real Estate | Andrea L. Evans SRES |
| SQ Feet | 7,500 |
|---|---|
| Basement | Y |
| Story(s) | 4 |
| Units | 7 |
| Zoning | R6 |
| Acreage | 0.06 |
| Cooling | Multi Units |
|---|---|
| Heating | Electric, Natural Gas |
| Construction Materials | Brick |
|---|
| Utilities | Cable Available, Electricity Available, Phone Available, Sewer Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 400050 |
| Tax Annual Amount | 31841.32 |
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11237 |
| Listing VS Median (in 11237) | |
Price: $4,700,000 low | high Med: $1,141,500 sqft: 7,500 low | high Med: 5,294 $ / sqft: $627 low | high Med: $217 On site: 175 low | high Med: 165.5 | |
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11237 |
| Listing VS Median (in 11237) | |
Price: $4,700,000 low | high Med: $1,141,500 sqft: 7,500 low | high Med: 5,294 $ / sqft: $627 low | high Med: $217 On site: 175 low | high Med: 165.5 | |
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