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    153 Wilson Ave Brooklyn, NY 11237

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    For Sale
    $6,200,000

    Two renovated, fully occupied mixed-use buildings near Maria Hernandez Park.

    Property size:
    9,375 SF
    Lot size:
    0.06 Acres

    Property Features for 153 Wilson Ave

    General Information

    Size
    9,375 SF
    Lot size
    0.06 Acres

    Source: Ariel Property Advisors Agent Benjamin Vago

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Buildings in Bushwick

    Two 3-story mixed-use buildings feature free market residential units. One building, located at 105 Wilson Avenue, includes a Japanese restaurant on the ground floor with 4 residential units above. The other building, located at 153 Wilson, contains a barber shop on the ground floor and six residential units above, with units 1L and 1R being duplexes with backyard access. The buildings are newly renovated and fully occupied, providing cash flow with potential for rent increases. The property benefits from Protected Tax Class 2A, which limits property tax increases year over year. Situated in a thriving area of Bushwick, the property is one block from Maria Hernandez Park, in a neighborhood experiencing growth and development with numerous restaurants, shops, and experiences. The location is within walking distance of the DeKalb Avenue Subway Station (L) and the Central Avenue Subway Station (M), offering access to all five boroughs, with transport to Grand Central 42nd Street in under 35 minutes. The property size is 9375 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Isaac Levien Music ... Music Instructor Dai Tin Barbershop Barber Shop

    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
    -73.924799
    Latitude
    40.700473

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    FAQs

    What type of property is this?
    Mixed-use property - Two renovated, fully occupied mixed-use buildings near Maria Hernandez Park.
    Where is this mixed-use property located?
    The property is located at 153 Wilson Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $6,200,000.
    What are key features of this property?
    This property features: - Newly renovated, fully occupied buildings providing great cash flow with upside in rents.; - Protected Tax Class 2A limits property tax increases year over year.; - Prime location in thriving Bushwick, one block from Maria Hernandez Park, with numerous restaurants, shops & experiences.
    (212) 544-9500
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    153 Wilson Ave 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
    153 Wilson Ave Brooklyn, NY 11237
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