Presenting an exceptional investment opportunity in one of the most vibrant and rapidly evolving neighborhoods in Brooklyn, this townhouse is a true gem. The property exudes character with its original architectural details, including elegant fireplaces, soaring ceilings, intricate medallion moldings, and meticulously preserved woodwork throughout. Every inch of this home tells a story.
Boasting expansive living space across three separate units, each offering four versatile rooms that can easily serve as bedrooms, living areas, or home offices, plus a kitchen and bathroom in each unit, the possibilities are endless. Whether you're seeking to customize and transform this space into your dream home, or looking to maximize rental income, this property provides incredible potential.
Additionally, the building features a finished basement with coin-operated laundry for the entire building and ample storage space.
Perfectly located on a lively block, 10 Suydam Street is just steps from the subway, vibrant local shopping, and some of the trendiest cafes and dining spots in Bushwick. whether you're looking to create your ideal urban oasis or find a strong investor opportunity, this home offers the perfect blend of classic charm and modern opportunity.
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).
According to New York City records, the median price for an apartment in Manhattan for the month of August 2023 was $1,150,000. The price represents a minimal decrease of .02% from the median price of $1,175,000 recorded in August 2022. The number of apartment sales, however, fell from 1,546 to 1,204 reflecting a year-over-year decreas...
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