For Sale
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Property summary
Detached 2-Family TH w/Private Driveway & Garage in Prime Bushwick 139 Woodbine Street is a tantalizing investment or development opportunity with several high-potential use cases. Situated on a large 25" x 100" lot with a curb cut and private driveway, this 1,600-square-foot residence boasts 4 bedrooms, 2 bathrooms, an unfinished basement, a brick one-car garage, and private front and backyards. It has R6 zoning and additional FAR, with 5,700 square feet of total buildable square footage. AN INCOME-GENERATING INVESTMENT The property is currently composed of a pair of 2-bedroom, 1-bathroom rental units with a total rent roll of $5,600/month. It is fully occupied and can produce immediate income. Alternatively, the property can be delivered fully vacant should owners seek to make upgrades or renovations. A BOUTIQUE NEW DEVELOPMENT Developers can demolish the current house and construct a desirable 8-unit condo or rental building with modern interiors, private outdoor space, and basic lifestyle amenities. A DREAM PRIMARY RESIDENCE Owners seeking a primary residence have the opportunity to renovate the entire house and create a dreamy single-family or multi-generational residence to their exacting specifications. PRIME BUSHWICK 139 Woodbine sits on a quiet tree-lined street and is surrounded by cute cafes, trendy restaurants, local shops, and lush community gardens. Saratoga Park and Irving Square Park are a few blocks away, as are Heckscher and Bushwick Playgrounds. Accessible subway lines include the J, Z, M, and L, offering a simple commute to West Brooklyn and Manhattan. bikeScore: 80, Very Bikeable walkScore: 92, Walker's Paradise transitScore: 98, Rider's Paradise
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Derived from the Brooklyn market rent, vacancy and expense benchmarks for this use type.
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Property description
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Zoning
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