$2,875,000
Updated 8 years ago
Off Market

126 Wyckoff Ave

Bushwick, Brooklyn | Stockholm Street & Stanhope Street

112 Rooms8 Beds6 Baths4,725 Square FeetIncome Property

$2,875,000
floors / apts3 / 6
Lot Size25'x97'6"
Built Size25'x63'
ZoneR6
Building TypeLow-Rise
RE Taxes$9,408
Price Per SF
$608

Building Amenities

  • Voice Intercom

Property Description for 126 Wyckoff Ave

Introducing 126 Wyckoff Avenue, a mixed-use building with 4 apartments and 2 retail spaces, located in the heart of Bushwick directly across from Wyckoff Hospital. The property is built on a 25 x 98 FT lot with a building dimension of 25 x 63 FT. This is an ideal opportunity for an investor to park their money and collect a high yield return on the property. Currently, both commercial units are occupied and generating market rate rents with annual increases. Two of the four residential units are fr?ee market. One of which is fully renovated and currently rented at market rate rent, while the other unit is vacant. The other two residential units are rent stabilised with occupying tenants. This masonry, brick building is situated on the busy strip of Wyckoff Ave, right around the corner from the L train Dekalb Ave stop. This specific area of Bushwick is popular and seeing frequent openings for new restaurants, cafes, bars and supermarkets.

Building Details for 126 Wyckoff Ave

OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts3/6
Learn More About the Building

Transit and Citi Bike

Subway

DeKalb Av
0.04 miles
Knickerbocker Av
0.33 miles
Jefferson St
0.34 miles
Myrtle-Wyckoff Avs
0.4 miles

Citi Bike

Wyckoff Ave & Stanhope St
0.02 miles
Hart St & Wyckoff Ave
0.14 miles

Contact Agents

Contact Agents

Wendy Hu
Corcoran
Kashif Khan
Corcoran

Bushwick | Brooklyn

Quick Profile

As one of the most diverse neighborhoods in New York, Bushwick offers a perfect snapshot of just how multicultural the city is. Long-established as an amalgam of cultures and ethnicities, a wave of varying types of immigrants trickled in from the seventeenth to twentieth centuries, with Bushwick largely becoming a home to Hispanics of Puerto Rican and Dominican backgrounds by the latter part of the twentieth century. 

With the Bushwick Initiative of the mid-00s that aided in revitalization, it became an attractive area to young professionals and artists. And even now, Bushwick has sustained affordable rent prices where other North Brooklyn counterparts, like Williamsburg and Greenpoint, have become more expensive. Priding itself on the weird and the wacky, numerous art collectives thrive in this part of Brooklyn, once famously named the seventh coolest neighborhood in the world by Vogue. 

Though it has drawn in many tourists in recent years (there’s even a graffiti tour you can take from the Bushwick Collective), the neighborhood remains very much community-oriented, and has not been subject to quite the same sort of corporate infiltration phenomenon of its nearby Williamsburg environs. 

But yes, of course, Bushwick has come a very long way from its 80s and 90s reputation as being “The Well,” a nickname given to it for its free-flowing and widely available amount of drugs (quantity over quality being the cliche applied here). 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 55221TH