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    313 Stockholm St Brooklyn, NY 11237

    Sponsored
    For Sale
    $1,540,000

    Prime Bushwick location, 6-unit income property.

    Property size:
    2,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional mixed-use property at 313 Stockholm Street in Brooklyn, NY, presents a compelling investment opportunity. The building, a turn-of-the-century brick structure, boasts a prime 25' x 100' lot in the heart of Bushwick, just steps from the L train and Maria Hernandez Park. With a total square footage of 2,500 square feet, the building is currently configured as a six-unit residential property, generating consistent rental income. The property is in good repair and features a full basement adding significant potential. A substantial 925 square foot rear garden provides additional space and amenity. The building's total buildable square footage is 5,100 square feet, offering potential for future expansion or redevelopment, subject to applicable zoning regulations. Low property taxes and a favorable floor area ratio (FAR) further enhance the investment appeal. While one unit is currently destabilized, it enjoys exclusive access to the entire rear garden. This property offers a solid foundation for a strong return on investment, with the potential for significant appreciation in a rapidly developing neighborhood. Financial details, including the current rent roll, are available upon request. The asking price for this remarkable opportunity is $1,540,000. The property's zip code is 11237.

    Property Features for 313 Stockholm St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    2,500 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    36047
    State
    New York
    Longitude
    -73.9193449
    Latitude
    40.7032967

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Bushwick location, 6-unit income property.
    Where is this mixed-use property located?
    The property is located at 313 Stockholm St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,540,000.
    Request Owner's contact information
    313 Stockholm St 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
    313 Stockholm St Brooklyn, NY 11237
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