$2,550,000
$2,999,999
15.0%For more information regarding the value of a property, please contact us for a free consultation.
1565 Broadway ST Brooklyn, NY 11207
5,875 SqFt
Key Details
Sold Price $2,550,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,875 sqft
Price per Sqft $434
MLS Listing ID 476787
Sold Date 08/05/25
Year Built 1925
Annual Tax Amount $32,000
Property Sub-Type Commercial
Property Description
Great investment opportunity! 3-Story commercial building for sale in Bushwick. The first floor is 2,375SF and is currently leased until 2030, with tenants paying $7,931. The second and third floors, both currently vacant are 1,750 SF each. There is also a 2,250 SF basement. Taxes are $32,000 minus a $4,000 yearly rebate. Owner currently pays $1,100 per year for water/sewer and $2,000 per year for heat. First floor tenant pays an additional $2,000 per year for heat. Zoning is R6 and C1-3. Can be turned into residential. Located on a very busy Broadway block and just 1 block form the J train at the Halsey Street station and close to the B7, B26, and Q24 buses. Surrounded by many restaurants, shopping, and houses of worship.
Location
State NY
County Kings (brooklyn)
Area Bushwick
Zoning R6
Rooms
Basement Unfinished
Interior
Interior Features Fire - Smoke Alarm, Intercom, Security Alarm, Window Display
Heating Gas
Flooring Hardwood, Tile
Equipment None
Heat Source Gas
Exterior
Exterior Feature Brick, Siding, Stucco
Utilities Available Electric
Roof Type Rubber,Slate
Present Use Retail
Building
Story 3
Foundation Block, Slab Concrete
Others
Energy Description Gas
Financing 1031 Exchange,Cash
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Bought with Century 21 MK Realty