Bushwick 8-Family Townhouse
For Sale
$500,000
299 Troutman St, Brooklyn, NY 11237
Four-story, eight-unit townhouse in vibrant Bushwick with redevelopment potential.
Property Size6,500 SF
Lot Size0.06 Acres
Days on Market109
Property Features for 299 Troutman St
General Information
Standard status
Active
Size
6,500 SF
Lot size
0.06 Acres
Property subtype
Multi Family
Building Details
Building Size
6,500 SF
Stories
5
Listing Agency:
RE/MAX Edge
(718) 612-3088
Listed By:
ZaiYou (Joe) Zhu
(718) 612-3088
Source:
Elliman
Added: Apr 27
Changed: Aug 11
Last Checked: Aug 13 at 11:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Edge
Investment Insights
Based on property information with market context.
Located in the heart of vibrant Bushwick, Brooklyn, this four-story, eight-family townhouse presents a unique opportunity. The building, constructed with classic detail and generous scale, measures 25 feet wide by 65 feet deep on a 25 x 100 lot. Zoned R6, the property offers potential for vertical expansion, high-end rentals, or boutique condo conversion. Four of the eight units are currently vacant, making it suitable for immediate repositioning or redevelopment. The property is located on a tree-lined street with convenient access to cafes and transportation to Manhattan. 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. The location is considered a Walker's Paradise with a walk score of 92, and a Rider's Paradise with a transit score of 98. It is also Very Bikeable, with a bike score of 80.
Key Highlights
- High Transit Score (98): Rider's Paradise, offering exceptional access to transportation into Manhattan.
- Prime Location in Bushwick: Situated in one of Brooklyn's hottest neighborhoods, close to trendsetting cafes.
- Redevelopment Potential: Zoned R6, allowing for vertical expansion, high‑end rentals, or boutique condo conversion.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6,166
Businesses Nearby
Explore this area
Business Placement
Demographics for 11237, NY
49,418
Population
18,801
Households
2.6
Avg Household Size
31
Median Age
41%
College-Educated
76%
High-School Grad
1.0 sq mi
ZIP Area
49,418
Density / Sq Mi
$82,570
Median Household Income
$43,421
Median Earnings
$2,109
Median Rent
$1,063,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Four-story, eight-unit townhouse 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: High Transit Score (98): Rider's Paradise, offering exceptional access to transportation into Manhattan.; Prime Location in Bushwick: Situated in one of Brooklyn's hottest neighborhoods, close to trendsetting cafes.; Redevelopment Potential: Zoned R6, allowing for vertical expansion, high‑end rentals, or boutique condo conversion.
