Dennis Barr - John J Lease Realtors Logo
$1,799,000
( $369.03Per Sq Foot )
 $9,657 est/mo Sourced by Back At You

409 Suydam Street,Brooklyn, NY 11237

Brooklyn, NY 11237

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Description

Rare Fully Vacant 6-Family Brick Building in Prime Bushwick/Ridgewood! Exceptional opportunity for investors, developers, and value-add buyers. This three-story brick multifamily property features six residential units and approximately 4,875 square feet of existing building area. Located in an R6 zoning district, the property will be delivered completely vacant at closing, offering immediate flexibility for renovation, repositioning, or long-term investment. Several neighboring properties on the same block have completed vertical additions and redevelopment projects. Buyers are encouraged to conduct their own due diligence regarding zoning, allowable use, building expansion, development potential, permits, and future unit configuration. Conveniently located near Wyckoff Avenue, shopping, dining, transportation, and the vibrant Bushwick/Ridgewood corridor. Annual real estate taxes are approximately $11,668. A rare opportunity to acquire a fully vacant multifamily asset in one of Brooklyn’s most dynamic neighborhoods.

Details

MLS #1012716
Listing TypeFor Sale
StyleMulti-Family
Sub-TypeResale
StatusActive
Year1931
Days On Site87
Listing Provided ByPrime Realty | Shirley Y. Chen

Features

SQ Feet4,875
BasementY
Units6
ZoningR6
Acreage0.06

Interior

CoolingNone
HeatingOil

Exterior

Construction MaterialsBrick

Parking

Parking FeaturesNone

Utilities

UtilitiesCable Available, Electricity Connected, Phone Available, Sewer Connected, Trash Collection Public, Water Connected
SewerPublic Sewer

Taxes

Tax Year2025
Tax Assessed Value493200
Tax Annual Amount11668

Area Information

StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11237
School DistrictAll City Leadership Secondary Sc
Elementary SchoolPs 123 Suydam
High SchoolAll City Leadership Secondary Sc
Listing VS Median (in 11237)
Price:
$1,799,000
low | high
Med:
$1,125,000
87.465258476932% of Average
sqft:
4,875
low | high
Med:
5,712
32.830769230769% of Average
$ / sqft:
$369
low | high
Med:
$197
96.62870011818% of Average
On site:
87
low | high
Med:
201
43.283582089552% of Average
Sourced by Back At You

Market Activity 11237

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Learn More About This Property

Dennis Barr

Dennis Barr

John J Lease REALTORS

 (845) 527-5125dennybarr@johnjleaserealtors.com
StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11237
School DistrictAll City Leadership Secondary Sc
Elementary SchoolPs 123 Suydam
High SchoolAll City Leadership Secondary Sc
Listing VS Median (in 11237)
Price:
$1,799,000
low | high
Med:
$1,125,000
87.465258476932% of Average
sqft:
4,875
low | high
Med:
5,712
32.830769230769% of Average
$ / sqft:
$369
low | high
Med:
$197
96.62870011818% of Average
On site:
87
low | high
Med:
201
43.283582089552% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.349M - $2.248M
sqft: 3,500 - 6,000
Nearby Listings Property ImageNearby Listings Details
109 Saint Nicholas Avenue Property Photo 1
$859,000
109 Saint Nicholas Avenue
Brooklyn, NY 11237
Listing Updated: August 6, 2026 at 9:55:44 AM PDT

Dennis Barr - John J Lease Realtors