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Bushwick Multifamily Investment Opportunity

299 Troutman Street Brooklyn, NY 11237

Claim this Listing
For Sale
$500,000

MULTI_FAMILY - Brooklyn, NY

Property size:
6,500 SF
Lot size:
0.06 Acres
Price / SF:
$76/SF
Added:
Jun 22, 2025
Days on Market:
386
Last Refresh:
Jul 12 at 4:06 am

Property Features for 299 Troutman Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
r6
Bedrooms
16
Bathrooms
8
Rooms
Bedroom 3, Bedroom 7, Bedroom 16, Bedroom 1, Bathroom 5, Bedroom 14, Bathroom 1, Bedroom 9, Bedroom 11, Bedroom 13, Bedroom 15, Bathroom 2, Bedroom 5, Bathroom 7, Bedroom 8, Bedroom 10, Bathroom 3, Bathroom 6, Bathroom 4, Bedroom 2, Bedroom 4, Bathroom 8, Bedroom 6, Bedroom 12
Standard status
Active
Size
6,500 SF
Lot size
0.06 Acres

Building Details

Floors in Building
5

Listing agent ZaiYou (Joe) Zhu

Listing office RE/MAX Edge 1812 Bath Ave, Brooklyn, NY

Listing date Jun 22, 2025

MLS# 493655 Listing URL

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This is an eight-unit rent stabilized building located in Bushwick, Brooklyn. The property is under the NYC HPD 7A Program. The building has R6 zoning. The property is being sold AS-IS, including all violations, liens, tenants, and DOB/HPD issues. There are approximately $1M+ in HPD violations/fines. The building consists of four occupied units and four vacant units. The lot size is 0.0574 acres and the property size is 6,500 square feet. This property is intended for experienced investors only, and cash buyers are preferred. Buyers are expected to perform their own due diligence regarding the 7A program and all building conditions. No interior showings are available.

Key Highlights

  • 8‑unit rent‑stabilized building in Bushwick under the NYC HPD 7A program
  • 4 units occupied and 4 units vacant
  • Approximately $1M+ in HPD violations and/or fines reported

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Acupuncture Veterinary Clinic (Bike/Boat/Book/etc) Store Nursing Home Accounting Firm Nursing Home Tanning Salon

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

FAQs

What type of property is this?
Apartment building - Eight-unit rent stabilized building in Bushwick, sold as-is.
Where is this apartment building located?
The property is located at 299 Troutman Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 8‑unit rent‑stabilized building in Bushwick under the NYC HPD 7A program; 4 units occupied and 4 units vacant; Approximately $1M+ in HPD violations and/or fines reported
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