291 Wyckoff Avenue — Sale in Brooklyn, NY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Brooklyn, NY 11237

Investment Figures

Cap rate
7.70%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to offer 291 Wyckoff Avenue, an opportunity to acquire a six-unit multifamily building in the heart of Bushwick, one of Brooklyn’s most dynamic and rapidly evolving neighborhoods. Situated on a 25’ x 103.42’ lot with R6/C1-3 zoning, the property contains approximately 4,350 square feet and benefits from 1,363 square feet of additional air rights, offering long-term upside through potential future expansion or redevelopment. Investment Highlights: • 291 Wyckoff Avenue, built in 1931, is a 6-unit multifamily asset spanning 3 stories, approx. 4,350 SF. • Tax Class: 2A | Zoning: R6, C1-3 | 5 Rent Stabilized Units, 1 Free Market Unit. • 291 Wyckoff is in proximity to Bushwick's thriving restaurant, nightlife, and arts scene, and convenient access to public transportation connecting tenants to Williamsburg, Downtown BK & Manhattan.

Market Context

This multifamily in Brooklyn, NY is listed for sale. It is offered at an approximate 7.7% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 86 days. Compare it against other multifamily listings for sale in Brooklyn, NY — view the full market.

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