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    296 Suydam St Brooklyn, NY 11237

    For Sale
    $1,298,000

    Multi-Unit (5+) - Brooklyn, NY

    Days on Market:
    27
    Last Refresh:
    Dec 8 at 1:06 am

    Property Features for 296 Suydam St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Garage

    Building Details

    Architectural style
    Other

    Prime America Real Estate (718) 875-1107 [email protected]

    Listing agent Gobinda Lama (718) 875-1107

    Listing date Nov 12, 2025

    MLS# 11603474 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Brooklyn Multi-Unit Investment Opportunity

    Located in the heart of Bushwick, NY, 296 Suydam Street presents an investment opportunity. This 7,000 SF property features a six-apartment building, including two vacant first-floor units with a basement and backyard. Situated directly opposite Maria Hernandez Park, the property offers park views and a community atmosphere. The vacant first-floor units allow for customization, while the existing apartments generate rental revenue. The property is zoned R6 and has Unused FAR, which may allow for additional buildable space. The location provides access to Manhattan and surrounding boroughs via multiple subway lines and bus routes. The property is in a high-demand area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.922838
    Latitude
    40.702727

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    FAQs

    What type of property is this?
    Apartment building - Six-apartment building in prime Bushwick location, opposite Maria Hernandez Park.
    Where is this apartment building located?
    The property is located at 296 Suydam St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,298,000.
    What are key features of this property?
    This property features: - Prime location directly opposite Maria Hernandez Park, offering serene park views.; - Expansive 7,000 SF building with six apartments, including two vacant first-floor units with a basement and backyard offering customization and income potential.; - Offered at $214 per SF, a highly attractive price in the booming Bushwick market.
    (718) 875-1107
    Request Owner's contact information
    296 Suydam St Brooklyn, NY 11237
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    Brooklyn, NY 11237
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    296 Suydam St Brooklyn, NY 11237
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