299 Troutman St Brooklyn, NY 11237
Four-story, 8-unit building in vibrant Bushwick with redevelopment potential.
Lot size:
0.06 AcresProperty Features for 299 Troutman St
General Information
- Property type
- Multi Family
- Standard status
- Active
- Lot size
- 0.06 Acres
Source:
Elliman
Listing Agent: Zaiyou Joe Zhu
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Bushwick 8-Family Townhouse Opportunity
Located in the Bushwick neighborhood of Brooklyn, this is a four-story, 8-family townhouse. The building is situated on a tree-lined street and offers convenient access to cafes and transportation to Manhattan. Built with classic detail, the building measures 25 feet wide by 65 feet deep on a 25 x 100 lot. The property is zoned R6, offering potential for vertical expansion, high-end rentals, or boutique condo conversion. Four of the eight units are currently vacant, presenting an opportunity for immediate repositioning or redevelopment. The property is currently under the HPD 7A Program, a city-managed program for buildings that have had serious management or repair issues in the past. The property will be sold as-is, including all existing HPD violations and fines. Buyers are strongly encouraged to research what the 7A program involves and speak with their attorney to understand the responsibilities and future options.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.925566
- Latitude
- 40.70417
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Four-story, 8-unit building in vibrant Bushwick with redevelopment potential.
Where is this apartment building located?
The property is located at 299 Troutman St 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: - Prime Bushwick Location: Highly desirable Brooklyn neighborhood with convenient access to Manhattan transportation and trendy amenities.; - Significant Redevelopment Potential: Zoned R6, offering opportunities for vertical expansion.; - Immediate Repositioning Opportunity: Four vacant units allow for immediate rental income generation.
