Property profile

139 Woodbine St Brooklyn, NY 11221

FOR SALE
Multifamily properties
Property ID
US63-0001476
Built 1910
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Property summary

AI-generated overview

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

Verified
Property type Multifamily properties
Year built 1910
UPID US63-0001476

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

139 Woodbine St Brooklyn, NY 11221
Brooklyn metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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