577 Decatur St Brooklyn, NY 11233

This exceptional mixed-use property at 577 Decatur Street in Bushwick, Brooklyn, presents a lucrative investment opportunity. Built in 1800, this building sits on a 2,000 square foot lot (20' x 100') and boasts a total building size of 20' x 60'. The property features a 1,200 square foot storefront and 2,400 square feet of residential space. The residential area comprises multiple units, each offering four bedrooms, one bathroom, and a living room. Current market rent for each unit is approximately $4,500 per month, generating substantial rental income. The property is zoned R5B, offering flexibility for future development. Annual property taxes are only $6,367. This prime location offers excellent accessibility, with proximity to Fulton Street and Atlantic Avenue, a 7-minute walk to the A/C/J subway lines, and just three blocks from a bus stop. The property is situated in a highly desirable school district. The property is currently held under contract vendee ownership. This is a rare chance to acquire a well-located, income-producing mixed-use property in a rapidly growing Brooklyn neighborhood.