$3,000,000
Updated a year ago
Sold

92 Jefferson Street

Bushwick, Brooklyn | Park Ave & Myrtle Ave

Mixed Use

$3,000,000
floors / apts3 / 5
Building TypeLow-Rise
RE Taxes$11,844

Outdoor space and views

  • Backyard [29'x13']

Building Amenities

  • Voice Intercom

Property Description for 92 Jefferson Street

The EklundGomes Team presents 92 Jefferson Street, a mixed-use investment opportunity in Bushwick with a 6.65% proforma cap and additional growth potential.


The 3-story building has 5 apartments and a commercial space, totaling approximately 4,575 sf.


Building setup:

Ground Level

  • The commercial space occupied by the highly rated restaurant Formosa (with cellar access)
  • A studio unit with a large private yard

Floors 2-3

  • Two 2-BR/1-BA units per floor

All 5 residential units can be delivered vacant. The commercial space is currently leased through 2033.

Conveniently located at the nexus of Bushwick, East Williamsburg, Bed-Stuy, and South Williamsburg. Just 2 blocks from the J, M, Z trains at Myrtle Avenue and about 10 minutes to the L train at Morgan Avenue for easy access to Williamsburg and Manhattan.


92 Jefferson St. is an excellent opportunity for investors to acquire an income generating property with attractive upside.


Listing History for 92 Jefferson Street

Now
06/04/2025
Sold and Closed by Nicole Estevez
Douglas Elliman
01/10/2025
Contract Signed by Nicole Estevez
Douglas Elliman

Building Details for 92 Jefferson Street

OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts3/5
Learn More About the Building

Transit and Citi Bike

Subway

Central Av
0.24 miles
Myrtle Av
0.25 miles
Kosciuszko St
0.43 miles
Morgan Av
0.49 miles

Citi Bike

Willoughby Ave & Myrtle Ave
0.12 miles
Central Ave & Melrose St
0.15 miles

Contact Agents

Contact Agents

Nicole Estevez
Douglas Elliman
Sere Conde
Douglas Elliman

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: 97037TH