Property Description

Rare Vacant 6-Family Value-Add Investment OpportunityExceptional opportunity to acquire a fully vacant 6-family brick building in the heart of Ridgewood/Bushwick. Vacant for approximately three years, this property offers investors and developers a rare chance to reposition the asset at current market rents without tenant relocation issues.The building contains approximately 4,875 square feet with six residential units across three stories. According to NYC Department of Finance records, the property is classified as a 6-unit residential walk-up (Class 2A) and sits within an R6 zoning district.Located just off Wyckoff Avenue, the property benefits from strong rental demand and excellent transportation access, with nearby subway service providing a quick commute into Manhattan.Property Highlights6 Residential UnitsApprox. 4,875 SF Building Size3 StoriesBuilt in 1931Fully VacantSignificant Value-Add PotentialOpportunity to Set Market RentsStrong Ridgewood/Bushwick LocationAnnual Property Taxes Approximately $11,668Whether you're seeking a long-term hold, redevelopment opportunity, or a complete repositioning project, 409 Suydam Street offers a compelling combination of location, scale, and upside potential in one of Brooklyn's strongest rental markets.Delivered vacant and ready for immediate renovation, leasing, or redevelopment.

Property Features

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