Updated 3 days ago
181 Irving Ave
Bushwick, Brooklyn | Stanhope Street & Stockholm Street
12 Rooms4 Beds4.5 Baths4,875 Square FeetMixed Use
$2,863,850 $2,951,969
floors / apts3 / 4
Lot Size25'x100'
Built Size25'x65'
ZoneR6
Building TypeLow-Rise
RE Taxes$13,191
Price Per SF
$587
Listing Features
- New Windows
Outdoor space and views
- Backyard
Building Amenities
- Voice Intercom
Property Description for 181 Irving Ave
INVESTMENT PROPERTY/1031 EXCHANGE: I am pleased to present this great opportunity to purchase this well-maintained mixed use building for sale at a 6.7% capitalization rate. The High Net Operating income of $191,878 is ideal for a 1031 exchange. The building is 25' x 65' on a 25' x 100' lot. The 3 story brick building is fully occupied. The current square feet is 4,875, with additional buildable square feet of approximately 1,198 square feet
The building and all 4 apartments and 2 storefronts are in great condition. The modern, clean, newly tiled finished basement is great for storage. This area is characterized by populated young professionals, and rapidly diversifying population with high pedestrian activity driven by its proximity to major transit hubs and local commercial "hot spots. The 2 storefronts are in what is described as "Bushwick's trendiest section," in huge demand by franchises due to its demographics, and high visibility. The building is in 1 block proximity to the train station, has a paradise walk score 100/100, and is in close proximity to Wykoff Heights Hospital, Myrtle Avenue, and Kinickerbocker Ave. The building itself houses two popular community destinations: Bushwick Bark and Werkshop Coffee Co.
The fully occupied building is an excellent 1031 exchange or investment. In addition, the modern, clean newly tiled finished basement is great for storage. (Photos will be posted soon) Seller is open to hear ALL reasonable offers. Please contact Maryann Giaramita for additional information
Listing History for 181 Irving Ave
Now
06/18/2026
$2,863,850 [-$88,119] [3%]
Price Drop by Maryann Giaramita
FIND Real Estate
06/16/2026
$2,951,969 [-$5,139] [0.2%]
Price Drop by Maryann Giaramita
FIND Real Estate
Building Details for 181 Irving Ave
OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts3/4
Transit and Citi Bike
Subway
DeKalb Av
0.13 miles
Knickerbocker Av
0.24 miles
Jefferson St
0.36 miles
Myrtle-Wyckoff Avs
0.42 miles
Citi Bike
Irving Ave & DeKalb Ave
0.09 miles
Irving Ave & Harman St
0.11 miles
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: 79350TH
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